From BEAR market breakout to now. History repeating
Here's a visual analysis of the previous market cycle and how we've repeated it up till now. Each color box matches the other in structure location.
So if we're at Cyan, then there's still room to grow
Notice our previous all time high didn't touch the top of the channel. I can image this next all time high will be a % lower as well. Like a setting sun pattern on the log scale
So if we're at Cyan, then there's still room to grow
Notice our previous all time high didn't touch the top of the channel. I can image this next all time high will be a % lower as well. Like a setting sun pattern on the log scale
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.