Hi there, this is what may happen soon.
1. We are in the same parallel channel that we were in 2016. Once it got broken the last bull run was started.
2. I added the prediction based on the past price action from 2016 but do not expect the future price action look 100% same.
1. We are in the same parallel channel that we were in 2016. Once it got broken the last bull run was started.
2. I added the prediction based on the past price action from 2016 but do not expect the future price action look 100% same.
Comment:
Click "Load new bars" button to see that we are at the top of the channel. It looks like this is the place we may start retracing a bit deeper.