There is a completely different operator game that is happening, back then there was a redistribution... where the retail were being trapped in buy in... In 2018 current pattern, the opposite is happening, there is clear signs of accumulation till now, but will be only confirmed, on MARK UP.... I will update the present structure complete to show the contrast.. Disclaimer... m personal view, not an investing/trading recommendation
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* CORRECTION IN THE DIAGRAM..
"LOWER LOWS WERE BEING MADE" after the upthrust
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this is the current accumulation scene for https://comparisonhttps://www.tradingview.com/x/LU8JS6s2/
Interesting stuff. This potentially explains why price has taken the action it has in both scenarios but is there a conclusion to be drawn going forward?