Code experiments...
I thought it might be interesting to map the pivots around a specific hourly minute. Here, zero, so, on the hour, and observe the price action around those closes. I don't get quite the same view from an hourly chart, for example.
Interesting... 🤔
I thought it might be interesting to map the pivots around a specific hourly minute. Here, zero, so, on the hour, and observe the price action around those closes. I don't get quite the same view from an hourly chart, for example.
Interesting... 🤔
Just connecting the dots (where you have several in a trend), is kinda nice...
OK, kinda messy and limited data, but clearly, hourly trend channel breaks might be something to check out on a few more charts :) These are regression channels, dot to dot (where the dots trend a few)
Just did a little video on this. Beer fueled, so, err, your mileage may vary. Watch it now before I decide it was a bad idea 😉
:)
Also, noted long, long ago that mkt seems to have a memory for trend lines going way, way back. Not sure if this is just peoples minds seeing what they want, but the price does _appear_ to often react. I'm not quite a believer yet, but still...
All 100% coincidence, I am sure 🤔
Magic...
So, my last update on this. You can easily play with this yourself if you want. But, today seemed to play out very nicely...
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