Well known triangle structure by now but you forget halvenings!

Jul 18, 2020

(dates moved around abit but its within the same week)

This halvening breakout was the bottom each time!

2012 halvening structure



2016 halvening structure



2020 halvening structure






May25 chart

Jul 19, 2020

Note

Atleast 3 solid outcomes of this structure imo.


Macro triangle, hit bottom 5-8k

hvf/funnel/wedge break out to the upside

Halvening bottom already is in. Because pre halvenings they didnt complete their obvious macro triangle either.

4th thing to think about, when everyone is expecting the same thing it rarely happens.

Aug 3, 2020

Note

Happy to see bottom was in! Unless it was a short squeeze and this is a fake out but until proven otherwise, still super long bias