ramonbenavides12
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Checkov Formation Theory

BITFINEX:XRPUSD   Ripple / Dollar
I decided to put a little more time into my joke Drawing the "Chekov Formation"

This measures each "Chekov" based on the Transition of the PSAR in time.

I the collected all time periods and calculated an average. The last value is not included-because it is in play.

The average "Checkov" time period shows that a downturn occurs on average of 2.25 days or 2 days 6 hours.

The last value is set at 2.8 hours due to chart settings for observations.

If this theory becomes reality, I would deem myself lucky....or observant.

Time will tell at midnight GMT             .
Do not make any directional assessments or movements with this theory.
Kommentar: Checkov is dead!
Does the latest candle indicates a Bullish confirmation?
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