Above charts: daily chart since April 9th 2021and weekly chart since mid-February 2021. Below cheats: daily chart since October 5th, 2007 and weekly chart since July 2007. (just before market crash) I think these chart patterns have lots of similarities, you may argue that, but always it is better to be cautious. If a similar scenario happening in the coming days, do you have a plan for that?
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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.