june 6, 2008
feb 2, 2022
the patterns are almost identical. look back at the daily chart for the nasdaq on June 6, 2008 and look at the nasdaq chart now, now I wonder what the fed was doing back in june of 08 and how companies were performing, were not near a recession yet but this looks all too familiar, we are in a different type of market now compared to 08...
green lines mark uncontested levels aka buy zones, the lines start at the top of the candle that is being referred too, the buy zone should be between the high and low of that candle, stop loss should be set just below the low of that candle, look at a smaller time frame to get a better understanding of the buy zone
