Well that's what's claimed, personally don't believe this, as like a coin toss, looks simple but it aint so. ET'ers can talk theory until the cows come home. The fact is, those making the largest and longest posts on ET never put up a spreadsheet of their live calls. Hogwash abounds when posters love to drag out their threads full on theories, scant on proof.@jackhershey
There is certain degree of geometrical methodology to trading. Price bars over time have structure in different timeframes. They fractal out....