After 1 was launched at Dec 2008, this ratio run into a as "risk-appetite" was coming back due to free money from the sky.
Since Jan 2014, this ratio has hit the same bottom ratio AGAIN and consolidating into a symmetrical . Now, the existence of that long tail candle which i would consider it as very early indication of what is coming, instead of a .
Technically, the price will either break out downside or upside around 2/3 of the triangle.
Anticipate the following scenarios:
1. Either the ratio will test triangle bottom or even false break down, which will give a for uptrend
2. Or price would just flow nicely with the 8ema to challenge the channel top.
Note: has broke out of long term downtrend resistance line