Above each of these trends, the price breaks upward, and draws a short consolidation before spiking upward again.
The red boxes highlight the points of consolidation. Seems like we are at the end of one of those consolidations right now. If the pattern continues, then we can expect a bull run of about 18-22%.
Cheers!
-B
*This is not advice to trade. You do not want my advice. If you want to selectively forget that you saw this post and then rediscover it on your own, then by all means, go for it! But don't trade just because I said so. :)
The red boxes highlight the points of consolidation. Seems like we are at the end of one of those consolidations right now. If the pattern continues, then we can expect a bull run of about 18-22%.
Cheers!
-B
*This is not advice to trade. You do not want my advice. If you want to selectively forget that you saw this post and then rediscover it on your own, then by all means, go for it! But don't trade just because I said so. :)
Comment:
3 hours later, this is making more sense:
