Dislikedits not that hard really...kind of easy to spot out...the logic is simple...when you see a descending pattern...connect the spikes...the ones that dont fit the pattern and dont change the outcome ignore as they are most likely false breakouts. Same thing with ascending patterns. As far as connecting lines...they can either be a strong support resistance...fibs...or another descending/ascending line...in this particular case the pattern found support at 1.4470 as it had alot of activity a few weeks back
they are very similar to elliot waves sometimes but im not the guy to ask about that
heres the chart...hope its not a falsie hehe
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