I don't think it is mystic astrology if the person know what they are talking about. From what I understand, the lines basically mimic human behavior. Markets move up and down based on human psychology, so the lines just show that and after a while certain patterns have a higher probability to move up or down.
0 sats \ 1 reply \ @kr OP 1 Feb
if sophisticated traders have recognized these patterns of human behavior, wouldn’t they have already exploited them for their own gain?
reply
well, they do. Those are the rich people ;).
reply