dont get caught in the angles as they are somewhat arbitrary to the scale of the chart; however i think they can provide some guidelines and interesting facts. The white dashes represent absolute h/l for the patterns. I use the fractals to provide
Angle A & a ( and so on)are the high daily opens/ closes in the pattern, noted as:
A = -24 and a = 10
B = 8 and b = 15
C'= 17 and c' =21
Again, i dont think you should be caught up in these precise numbers since we are looking for trends, but im explaining whats what on the chart. Anyways I think what is telling is that the base between a,b, & c appears to be trending upwards (for daily o/c).This pattern should be confirmed by the first week in April.
Note: if we continue to bounce between these supports and cannot break a clear up (or down) trend, then we will likely begin a retrace on the flip side of the cross (which would put as back at 20k by Sept).