FTM Channel with Upper and Lower limits

Jul 6, 2021

This is a curved projection channel created upon a bounding box. For the creation of the chart, we use 3 "moving averages" that cover the center, upper and lower boundaries for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits.

Also there is a well defined pattern that shows the ending of a downtrend cycle. Could be the beginning to a LONG trend.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.