Inverted Chart Analysis | October 30, 2024

Headshot of Trent Klarenbach, founder of Klarenbach Research
Trent Klarenbach
October 30, 2024
Thumbnail for "Inverted Chart Analysis | October 30, 2024 | Klarenbach Research" YouTube video.
November 18, 2024
I share a valuable technique for overcoming bias in market analysis: the Invert Tool on TradingView. By flipping a chart upside down, traders can gain a fresh perspective on trends, especially when emotions or biases affect their judgment. I demonstrates this method using wheat futures ($ZW1!) and West Texas Intermediate ($WTI) oil charts, showing how inverting a chart can help reframe a bearish or bullish outlook. This tool offers an effective way to challenge preconceptions and improve analysis accuracy, especially when personal beliefs or hopes conflict with market trends.

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