There are some inquiries regarding range identification. An article in progress will cover topics such as the method used for drawing ranges and the approach to setting levels.
"Thanks for this detailed explanation, very insightful.
There are some inquiries regarding range identification. An article in progress will cover topics such as the method used for drawing ranges and the approach to setting levels.
"Thanks for this detailed explanation, very insightful.
Could you clarify how the low, mid, and high ranges are determined?
It appears the high range is based on an objective criterion like an all-time high, the low range corresponds to the peak of the bear market, and the mid range falls somewhere between 40-60% at a significant resistance level?"