I'm trying to understand how to predict chart patterns in the financial market. I want to know the methods or techniques that can help me identify and forecast different chart patterns accurately.
6 answers
Riccardo
Wed Dec 18 2024
Once the height is established, locate the lowest trough within the same pattern.
Daniele
Wed Dec 18 2024
Subtract the height measurement from this lowest trough point.
SsangyongSpirit
Wed Dec 18 2024
The result of this subtraction serves as the calculated price target.
CryptoEmpireGuard
Wed Dec 18 2024
To determine a price target based on chart patterns, start by measuring the height from the highest peak to the lowest trough within the identified pattern.
Claudio
Wed Dec 18 2024
This measurement provides insight into the potential movement of the asset's price.