Oh that's a double top and double bottom? Never knew that.. this is the only TA that made sense to me since forever, as I approached charts like a caveman who knows nothing when facing a chart..
RE: The Only Guide To Technical Analysis That You Will Ever Need
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The Only Guide To Technical Analysis That You Will Ever Need
When I trade Kevin, I look for 2 points close to each other and at almost the same level,. Usually if I see 2 tops then I watch for a down trend and then look at where it rises, if it passes the pervious top point I wait for a 1 third past that top and then buy in. I do the reverse for two points that are on the downward trend. If the market or stock I am looking at is bouncing all over the place I leave it alone. Really not a good explanation but I found it works pretty well. I have been looking closely at the Steem graph to see if I can decipher much from that. Since I'm brand new here I'll take some time to learn it all, I'm really looking for instances where when I cash out my dollars I get the best price if that makes sense.
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