Hey Richard,I also apologize for reviving an old thread but I got curious since I see a lot of people using tick charts to create meaningful ETH chart...

I agree with your reasoning - it can be referred to as a wedge. Also, depending on how you define parabolic, some may say it is a parabolic wedge sinc...

Thank you for the detailed reply.

Thank you both for the replies.@YohtzaSo you are saying that when there is initial low directional probability (40% directional probability) in your f...

Sounds like a good idea. I mostly use the daily updates and the Encyclopedia so having it on one page sounds convenient.

HelloMr. Carpet, can you help clarify why this is not considered a HL MTR? It is a test of the bear low after a large gap down with reasonable buying ...

Thank you, best of luck to you too! I enjoy the price action discussions as well. If you have discord and want to stay in touch to discuss price actio...

I agree with you on everything, and I think it is an exceptionally good way of thinking for fully discretionary traders. I do use this logic for my di...

Hello Mr. Carpet,Thank you for the reply. What I don't understand is, the specific difference between how a pattern that is marked as minor, and a pat...

I see. I have one last question - is this probability refering to the target being hit before the stop is hit, or is this the probability for an equid...

Very good point. I am not taking high probability trades because I usually cannot successfully put a specific number on the probability of a trade, ev...

Hello Mr. Carpet,Thank you for the detailed reply. 👍 Good point, the only thing I need to consider is if the Trader's Equation makes sense, but that i...