A thought on BTC : New addition to a brand new TA technique

I've been trying to find a method of determining whether a downtrend has finished or not that is the equivalent in accuracy to that I've been using to plot uptrends..

This just popped up as a possibility..

Curious to know your thoughts..

My method is simple..

For bullish cycles:
Encompass the entire historic chart movement (including wicks) with a pitch fan.. Price movement moves from side to side within the fan, and upon touching the bottom of the fan a second time, draw a new fan from that point that follows the same rules.. These are rules, not theory..

Yorum:

Welcome back, BTC!!

Yorum:

Minimum TP Target: $29k..