Here's the link:
viewtopic.php?p=1295423616#p1295423616
It came to my mind that it might be helpful for beginners to address the issue of zooming in - zooming out.
The issue may seem trivial to most of you. But it's not negligible.
The first chart shows the 1m of the US30 zoomed in. Usually people zoom charts in even more. That can be very deceiving as the overall view vanishes.
On this chart it appears like....Oh, we are on the way down.
Then look at the zoomed out chart (second chart). You get my point.
Might the price move down from there.. Yes of course it might. But it might also go the other way after that consolidation.
But that higher TF charts can tell more clearly.
