Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Analysis
by
Leon83
on 31/01/2020, 11:37:00 UTC
⭐ Merited by dragonvslinux (1)
I think the most relevant point is that the prediction has been very accurate (so far), regardless of the tools he used to make this TA. Sometimes the best analysis are the vague squiggly lines and random arrows pointing up and down - if the price follows that path that this. Kudos to PentarhUdi for getting things right so far, I haven't seen another publication that has been this accurate (regarding the lows, the highs, with the correct time-frame).

I haven't either. It was an amazing prediction. For whatever reason, he has apparently abandoned it though, and is now predicting a return to the 200-week MA to build out this long term triangle.

https://i.imgur.com/WIrGzjA.jpg

I definitely prefer his December 2018 prediction.

Drawing a squeezing wedge on the linear chart on macro level is pretty meaningless in my opinion.