paulodaxx

Question: Can Converging lines pattern predict a future price?

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COINBASE:ETHUSD   イーサリアム/米ドル
I would like some help from you guys. Theres always a pattern if you draw lines that cross highs or lows, that usually converge into a certain period in future time.
I'm not a trader, just a curious.

Question: is there any literature or authors that work on this kind of patterns?

I hope you guys understand my point of view. Thanks


PS: the graphic lines are made for the question, nothing with much time on it...

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