Ninjastic
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Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
prof7bit
on 01/08/2013, 14:31:32 UTC
Quote from: oda.krell on August 01, 2013, 12:23:51 PM
Quote from: Traktion on July 31, 2013, 11:13:21 PM

[...]

Sure, it was only supposed to be indicative.

The volume has fallen at each buying period. The below shows it more clearly:



Anyway, it will be interesting to see how it pans out.

Not being snarky, but honestly wondering: That H+S pattern didn't materialize, right? Or is there something like a double right shoulder?!
A H&S pattern is only valid if everybody can see it in the chart immediately (without having to stare at the chart for 2 Minutes and then still not seeing anything even remotely looking like a H&S). Where exactly do you see a H&S in the above chart?