Tuesday, September 01, 2020 7:27:12 PM
I uploaded the settings I used for the P+F Chart. TradingView doesn’t do a great job with P+F, it doesn’t do trend lines automatically for you, did my best to draw some in (trendlines in P+F are 45 degrees only)
If it reverses here then it is building higher lows, and it will break a trend line and become a double top breakout. Horizontal count price projection from that double top break is enough to send the price to a multiple top gap breakout. But P+F doesn’t really account for time, only price change.... has to reverse and break 0.01’sh for all of this to happen
If it reverses here then it is building higher lows, and it will break a trend line and become a double top breakout. Horizontal count price projection from that double top break is enough to send the price to a multiple top gap breakout. But P+F doesn’t really account for time, only price change.... has to reverse and break 0.01’sh for all of this to happen
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