RE: Chartists predictions…..7 Apr 2022 14:07
I don’t “expect” anything to happen, I’m not being pedantic, but that is the crux of TA it is not about predicting. You just look and think, well if this happens then it’s more likely that will happen. So you have to constantly change your thoughts depending on the price action. That’s what people can’t understand ,they believe that you somehow predict the future – no one can do that - the market will **** with you, What’s happening at the moment is that there are more buyers and sellers so we’re going up… and we could have a green candle daily close if that continues, which is bullish in the short term. But a red is also bullish Matrixes three candle pattern requires another red candle today so we will see if that occurs. Personally I would like another red candle down to 9.2 because I want cool the RSI off to allow us to go up faster and higher, but it matters little I want or expect as the market does whatever it wants – I will watch and buy dips as has been my strategy