I DO NOT KNOW ANY SORT OF ANALYSIS, I JUST DREW THIS TRIANGLE A COUPLE DAYS AGO AND IT HAPPANS TO BE FOLLOWING IT PERFECTLY. i have no idea how this will play out, the idea of capitulation is being thrown around with the fomc announcement tomorrow / in may so downside like this is possible, but saying that i think it will be quick and we will see new high after this, either after may or sometime after July.
please do not follow this chart, i just drew the triangle and it has followed so im only posted so i can see if it played out or not.
if this chart is completely off then please refer to the description. and again please do not follow this chat, it is just so i can track how it played out.