This ones for those who understand French
I took French in high school…but that doesn’t mean anything;p At least I can follow along with the lines. TA charts are language agnostic
yeah i just follow the chart you can gage what hes trying to show
From what I see, he’s doing TA based on Elliot wave theory, which I am not fluent in. I stopped watching a few minutes in because that is something I would need to follow along with in order to understand. I understand the general idea behind elliot, but I’ve never been able to apply it myself to where it has had any reliability for coming up with a realistic forecast.
always something new to learn , its all good knowledge economy !
So basically he was giving 2 possibilities for my understanding at the end, correct me if I’m wrong please;
- $0.35 high and a retracement to $0.20 approx and then a bullrun to $0.70
- $0.09 high and a retracement back to the lower lows of $0.005.
That’s what I understood by following his TA, not his french lol.
That is an aweful big window. But that doesn’t surprise me as Elliot wave theory is in no way a price predictor. It is a movement pattern. Up is up, down is down…but the angle at which each one of those goes varies greatly.