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BTC Point And Figure Counting Targets!!!
Taking the Wyckoffian approach of counting in PnF charts I figured out these 3 stepped targets, depending on the Y-axis point size (1000 or 2000$), and the start-end for counting the bars.
I counted from ST to SPRING and from BCLX to SPRING.
Therefore in this chart there are 41 bars between BCLX and SPRING, a "reversal amount" setting of 3 and a size of 1000 $ per point, then 41*3*1000 = 123,000 that are added to the SPRING price (16,000), giving a final target of 139,000.
I did these for the other settings comented above, which are more conservative targets.
Be ready!
I counted from ST to SPRING and from BCLX to SPRING.
Therefore in this chart there are 41 bars between BCLX and SPRING, a "reversal amount" setting of 3 and a size of 1000 $ per point, then 41*3*1000 = 123,000 that are added to the SPRING price (16,000), giving a final target of 139,000.
I did these for the other settings comented above, which are more conservative targets.
Be ready!
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.