Random Walk? I Would Rather Have Directions
Too many traders think they are taking a Random Walk through these market streets.
Well this post is to help them define a direction.
Can you use this to target the exact price and day/hour/min? No (well sometimes you can nail it)
But just like the Map App on your phone it will get you within a certain degree of accuracy AND you will definitely generally no where you are in relationship to where you want to be
More to come!!!
There are more relationships on the chart than the ones we called out but just giving you the broad strokes.