Fan Principle on BTCUSD Daily.

ที่อัปเดต:
Here is a very simple outlook on the current market structure using John Murphy's Fan Principle.

The principle basically uses 3 trend points that are acting as resistance in the beginning of the trend then all 3 trend points turn into support, signifying a trend shift.

Will this play out? I am unsure. This is not my typical form of technical analysis and I will not be using this as my basis for trades, but it is something to keep an eye on.
บันทึก
Tested the red trend line again.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternssupportSupport and ResistanceTrend Analysis

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