Geometric Brownian Motion in play
As you can see, price is brownian. As soon as price moved over the first standard deviation, it was riding it, then got above second standard deviation, and tested it, now testing a third standard deviation of Cones projection.
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Forget old-school TA, its voodoo.
If you want to learn more how markets actually behave and get indicators that read it, go to: bapigindicator.com
Forget old-school TA, its voodoo.
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