Yes, market conditions are different right now than during the bubble selloffs in waves of bad china news, but this matching pattern, in the exact same price range, has got the hairs on the back of my neck standing up. As kooky as it sounds, even the upcoming full moon on Jan. 15th is showing up *exactly* in the same place as the previous triangle -- right at the moment of the deepest selloff.
I've usually been projecting the upcoming bear period to be one of gradual decline over weeks, not a cliffdive, but this symmetry is giving me the willies...
Comments
TheChasm
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Been thinking the same thing will happen since 3 days ago: tradingview.com/v/G8CeBu2K Glad to see newer charts that help make sense of it +1
Glad to see newer charts that help make sense of it +1