DislikedThat's my current research topic. Someday will get the answer.
I wonder why pa respects diagonal trendlines as much as horizontal trendlines?
Horizontal trendlines are logical price levels and if pa respects them, one sees logic in this. But respecting diagonal trendlines is a bit weired.
PA's behvior of respecting diagonal trendlines indicates retraces maintain a certain constant ratio to the orginal move. Strangely this ratio remains constant over a long period of time. Even when a new trend starts, the retraces of this new trend...Ignored
And hey, I'm totally sober at the moment, I could even drive my car to the liquor store without being scared for cops.
New voice message: Why are you calling me? If I need you, I'll call you!