It just dawned on me that I had my chart on logarithmic for the previous 2 posts I amde about HBARUSD. As usual, the chart patterns on the log chart tend to have much higher breakout targets than the version of the chart patterns that appear on the linear chart. As soon as I realized this I went back in and adjusted the patterns to their linear chart erosions. The inverse head and shoulders remained mostly the same but the bullflag/desceding channel has now morphed into a falling wedge/bullish pennant. As you can see the breakout target for all 3 patterns is a much lower price than what the price targets were on the logarithmic chart. That’s not to say that the logarithmic targets are invalid, I think what will most likely occur Ike usually is both chart’s targets will be validated, it will likely just take much longer for the logarithmic chart’s targets to be reached as is how things usually pan out. *not financial advice*
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
