Cyan lines are doji's marked from many timeframes.
The trends connect doji's.
The blue price labels are the intersections in log scale.
The red price labels are the same intersections in normal scale.
I'm thinking... stopping volume at 23550, doji wicks <22300, recovering two out of the three vectors, then up.
Alternatively... stopping volume at 24800, doji wicks <23550, recovering one out of the three vectors, then up.
I can't predict where the wick will end, but the doji I found directly below 23550 is exactly 5% away.
Alternatively, alternatively, the red labels suggest a slightly deeper retrace, but a larger and slower upside.
Who knows...
The trends connect doji's.
The blue price labels are the intersections in log scale.
The red price labels are the same intersections in normal scale.
I'm thinking... stopping volume at 23550, doji wicks <22300, recovering two out of the three vectors, then up.
Alternatively... stopping volume at 24800, doji wicks <23550, recovering one out of the three vectors, then up.
I can't predict where the wick will end, but the doji I found directly below 23550 is exactly 5% away.
Alternatively, alternatively, the red labels suggest a slightly deeper retrace, but a larger and slower upside.
Who knows...