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TRADERVISION Trader Talk > The Lunacy of Price
As can be noted on this chart there is a tendency for price to pivot between compressions and expansions around the time of a lunar phase and that these pivots of price can often mark swing highs / lows. Also note that if anyone doesn%27t believe you if you tell them this you can just show them this chart... or any historic price chart marking lunar phases you choose because facts in front of your eyes don%27t lie.
TRADERVISION Trader Talk > Long Standing Gaps and Price Proximity
The longer a gap in price remains open the higher the chance that price will move into that gap to fill it with more price action.
The longer price remains within a trading range of a long standing price gap the higher the chance that price will move into that gap to fill it with more price action.
TRADERVISION Trader Talk > %27It%27s All About The Waves Man!" - How The Hippie Surfers Were Right...
In the days of lore Hippie Surfer Dudes used to advise that it was, " All about the waves.", and as it turns out they were unknowingly astute observers of price action because they inadvertently made note of the fact that price, much like the surf, moves in waves oscillating between troughs and crests. Periods when price is in a trough of corrective action compression and periods of impulsive expansion forming crest so it turns out they were right, it%27s all about the waves man.
Feb.14/2019> After coiling around the 120 level for 6 years price may be closer to expanding away from this range than staying within it. Last year%27s bounce [ GRN CRCL ] is the most positive price move in years and occurring this late in the triangluation is a potential signal of an eventual breakout. Best case scenario would be if the 120 level remains support. Note that the 2007 RSI downtrend is extremely extended and therefore may be due some violation.
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