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I guess i'm just sharing this because i think it's kinda of cool, but this is how i come up with levels that i personally like to look for trades at. On the HTF's like the Wkly, daily, 4 hour chart every wedge seems to create it's own level. But what's interesting is its a best fit level that ends up being extremely precise when tested. When creating the wedge and i'm drawing the trendline down through the points, wherever
the trendline runs into the side of the bar is exactly where i start the level at. So the level could start smack dab in the side of this 4 hour bar, but its insane how well respected it is. I'm guessing because this is how computers see it or something. I left some of them off just so the chart doesn't look too crazy but you get the idea. Obviously theres wedges on all timeframes all over the place, but i'm really just trying to work out if theres any rhyme or reason behind how it moves through them. Also the best levels seem to be when theres multiple wedges at the exact same point. like two different wedge bull flags and a wedge bear flag all have the exact same retest level.
