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RE: Bitcoin (BTC) Second Mid-Day Update: High Resolution Chart-Surgery of Bitcoin... See the Price Pathway I Discern!
I have a questions.
Can you please elaborate on what one should do if they see a certain pattern on a chart at a certain resolution and they see a different batter on a different resolution?
For example, An ascending triangle on a 1 hour chart , but a descending triangle or a H&S or anything for that matter.... on a 15 minute chart.
Has this ever happened @haejin? If so, what is the rule of thumb or the common practice? should we use the smaller time frame ( 15 minute chart ) in that case?
Thanks!
This is why I combine Elliott Waves with Chart Pattern. On those patterns, it's important to see how the high resolution counts jive into the larger degree of trend counts.
No real rule of thumb, but the larger degree of trend commands more respect.