This is how 2019 is going to play out. I can't believe how well this fractal lines up with the trendlines and the CME Gaps. Both gaps at $8494 and $7175 will be filled by mid-September. Sideway movement will follow until late January/early February. Launch sequence to the moon will have begun by Mid-February.
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Not spot on, but I'm pretty happy with how this turned out.
@slcjohn, I honestly was not aware of that gap. It has me scratching my head. A dip to $7175 is hard enough to believe but to $3570? I just don't know... That said I feel like if we're going to fill the gap, it's gotta be soon. I find it much more probable that we fill it within the next couple months, rather than visit new highs and then drop to fill the $3570 gap.
slcjohn
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@IncognitoHodler, Makes me wonder if the CME traders are willing to eat that gap. Time will tell. Monthly looks like its about to flip bear... anything is possible.
IncognitoHodler
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@slcjohn, I apparently did not look hard enough for gaps. After you brought the $3565 gap to my attention, it made me wonder what else I might be missing. I found 3 more on the hourly chart.
$3925
$3720
$3150