i believe you asked this before and were looking for 'iterative process' as the answer. The repeated process of analysis. Study, man, study ! Then again maybe i was just hallucinating
I like that. It would be nice to be on the bottom or top of that. If on the bottom, I'd cash out, if on the top, I like how it looks pending if the entry spot is the "right" one.
I was at steam turbine school in Las Vegas, the past week. Interesting machine the steam turbine. The first steam engine was invented by Hero in around 300 BC. The priests in the temple needed to have a magical way to appear in front of the crowd. Hero's steam engine supposedly produced a large cloud of steam and then the priests would emerge from the cloud.
Anything could happen - rise, fall, chop about. After a rapid rise a fallback maybe expected so I'd try a short trade. I'd like to see a couple more bars rising a bit and then starting to fall again and then enter, with a stop above the peak.
Analysis is to Trading as, watching a bikini fashion show is to fathering triplets with all the models.