In case the laws of physics do hold - and I'm pretty certain they will - the direction that is crossed out in that blue three-way-symbol can clearly be ruled out. I'm glad that we can at least be sure of that.
My previous TA (marked and unchanged using the pink dashed lines) has played out almost entirely correct.
We are still in a 3 + year long bear market, and until this trend has been broken AND we receive confirmation, we must rationally assume that this is still the current sentiment of the market.
Granted, there are signed of bullish divergence but I find it...
Just because there's a distinct, almost uncanny pattern here doesn't mean it is going to repeat exactly... although it already has 50% or so... yeah yeah it's a 30m chart whatever it still makes me wanna keep a short open.
