Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
porcupine87
on 20/05/2014, 19:15:14 UTC
Maybe the graph above just looks arbitrarily. This graph is better. And what tells you that? That Bransen and other investors just sit there and drawing lines?
Here, this one works:

Yours is arbitrary because it uses all candle wicks but one for the trendline. Either you do it by closes, or you do it by high/lows, not both.

Hm I thought I used only the highs but now it seems, the january high doesn't fit. I mean I can put the lines to every nearly every place to get every triangle I want. Hm, but can you tell be which rules the graph follows which I criticized?
https://bitcointalk.org/index.php?topic=178336.msg6837593#msg6837593