It's interesting that you're doing the analysis on the BTC chart and giving your target buy and stop loss in dollars.
orminlange
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As i observe this points on many charts, have done some research, and must say, that this so called attraction points very rare are working so magnetic. They are probably centres of resistance (produced by fibo circles that can be made near them), not attraction. But that is of course my opinion. We must observe this closely, on many cases not on few of them;)
UncannyDeduction
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@orminlange, I appreciate your views. Feel free to share more when you get new insights.
UncannyDeduction
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@orminlange, I'll play around with your idea in my mind for some time I think. That's an interesting perspective.
orminlange
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@LogicalDeduction, Sure:) all must be tested. I try only test without real money, on historical data and o currennt conditions. One more thing that i observed is that price very rare touch this points ideally, but after some time price can reach this levels without problems (when support from this points and trendlines weakens due to growing distance).