Relationship between trend line and waves
How to know which trend line is good for trade?
One more for calculat timming with candles in this chart:
Because Modify Hikkake was happened!
Before that is the bearish stick sandwick pattern. Suddenly there is a candle pass => create bearish modify hikkake
So we need to wait for the next 3 h4s to check the bottom of candle 2 at 51200usd to make sure we have a bottom at 50500 on this correction.
DO TRUNG QUAN.
- The narrower the trendline slope (under 20 degrees), the harder it is for the trend to change.
- A small adjustment (change) will be the source of a big correction (change).
- The conditions for a bull wave or bear wabve thrive are from 35 degrees
One more for calculat timming with candles in this chart:
Because Modify Hikkake was happened!
Before that is the bearish stick sandwick pattern. Suddenly there is a candle pass => create bearish modify hikkake
So we need to wait for the next 3 h4s to check the bottom of candle 2 at 51200usd to make sure we have a bottom at 50500 on this correction.
DO TRUNG QUAN.
