HOWTO video about "Waves" script . Waves script is a implementation of trend detection done by comparing current and previous candles. It has 2 rulesets for Low and Middle trends with different trend change sensitivity. It's a great tool for trend visualization but in also hame so disadvatages like lag, a delay between high or low and trend change signal, which...
During one of the webinars (unfortunately it is no longer available to the public) I came across the idea of tracking wave patterns and corrections after such patterns, where the wave pattern consists of a long wave preceded by 2 short waves. I have implemented this solution and according to it, the WIG has a 50% chance of returning to the level of 52 120 already...
Huge Shark pattern with targets on 25K $ have not been achieved. It look like BTC is pushing for the target of smaller local shark on 47k
In short perspective all seems to be showing a bullish move up to over 2100. I would wait for 2000 and check market sentiment
Falling down: 37K and 32K, or maybe up to 41K to invalidate down trend formations, and go to 51K ? D1: