I only see green or red candles. If there is space-time, someone come and mark it with Fibonacci.
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I only see green or red candles. If there is space-time, someone come and mark it with Fibonacci.
Thank you for the comments. The idea was to open up a different perspective. Not everything is pure technique.
I respect you for trying to explain something so complex in such a simple way.
I don't know if this is trading or Zen philosophy, but it made me reread it twice.
"Price is the only indicator"... that should be tattooed on the forehead of many gurus.
Finally someone who talks about what's going on inside the trader's head! Everyone wants just magic formulas.
Of course, the price is everything, but don't forget that every price comes with intent, that's the next level.
Good analogy, but beware of over-analyzing. Paralysis by analysis is real.
Sometimes it seems to me that the market is more chaos than cycle, but it still catches me.
Those who say we just have to follow the trend, they don't understand any cycles.