Predict Next Price Movement By Looking Out For Repeat Patterns

17 mars 2020

We can wait and see if the next few candle movements are similar. I have tried this once before on a higher timeframe and it worked that time too. Here is the chart for the previous time. Anyone can do it. Patience and checking different timeframes.

I suppose these are the bots at that particular time trading against each other making the price move accordingly and in the same pattern till technical change, new data enters the exchange like volume price sells and buys and etc.

Hope you can do it and earn some neat profits tool. Only when you are very unlucky and the data changed at that moment while you were actively trading which would be very unlucky, these same series of patterns when discovered repeat many times before changing.

17 mars 2020

Note

heavier market sells coming in...

17 mars 2020

Note

If there was just a few buys or sells during a small timeframe and no further additional realtime activity anymore, it will show a pattern difference only at that particular point and the group of bots that were trading against each other continue with same patterns unless that buy or seel was huge enough to change important key technical that the bots are programmed to use for their trade activities.

Of course if the surge of buys and sells continue on then everything changes bots go offline and in rest mode and/or other bots with different trading specifications get to work.

Have a great week everyone! Cheers!