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#pol #bttc #pepe
Read the emotion in the candle and you will master the market.
Curious fact: This system was invented by rice merchants in Japan in the 18th century to predict market prices. It is a technique with a lot of history!
The Human Factor: He realized that the price not only depended on the harvest (supply/demand) but also on the emotions of the merchants (fear and greed).
The Information Network: It is said that he established a network of men every 6 km between Sakata and Osaka to send signals with flags and smoke, thus knowing the price of rice in almost real-time. He was the Bloomberg of the 1700s!