Description
⋅ Purely by accident I noticed the similarities when looking at the possibility of going to $8500.
It seems our last week in hourly candles has played out nearly identical to the Nov 2018 - Present Day timeline in daily candles.
The descending triangle on our daily broke down to roughly 50% of its target.
If the hourly descending triangle does the same that will put us near the $8500 level which also lines up nicely with the 61.8 fib of the move.