On Aug 5th I suggested that Xlm was apporaching an "inflection point", indicated by my green and red arrows converging at $0.38. See chart below from Aug 5th.
In mathematics an "inflection point" is a point in the curve at which a change in the direction of curvature occurs. These price charts are merely graphs, with coordinates and reoccuring patterns. Anticipating inflection points allow me to determine directionality. Knowing where direction may change allows me to either make quick profitable decisions and/or where to set appropriate stops (invalidation).
TA works!
In mathematics an "inflection point" is a point in the curve at which a change in the direction of curvature occurs. These price charts are merely graphs, with coordinates and reoccuring patterns. Anticipating inflection points allow me to determine directionality. Knowing where direction may change allows me to either make quick profitable decisions and/or where to set appropriate stops (invalidation).
TA works!
May the trends be with you.
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May the trends be with you.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.