Did a detailed analysis on the hourly chart of some pretty crazy similarities exactly almost a year ago down to similar price action only 1-5 days apart.
Goes to show if you don't have a larger perspective anyone can be caught up in the clouds and not see the F****** world below.
Zoomed out on the daily and what a view.
We have similar impulse waves that in the beginning are about month apart, then end of wave 5 they are both 2 days apart.
Time frame for first wedge puts the beginning to break down of wedge at 200 days.
Time frame for 2021 at 199 days is Friday, March 26.
We have similar movement in RSI in relation to where we are now and other highlighted circle in 2020.
Parallel dotted trend lines in RSI shows they are exactly same levels.
That's all folks,
www.bloomberg.c...inging-an-alarm?srnd=premi...
Goes to show if you don't have a larger perspective anyone can be caught up in the clouds and not see the F****** world below.
Zoomed out on the daily and what a view.
We have similar impulse waves that in the beginning are about month apart, then end of wave 5 they are both 2 days apart.
Time frame for first wedge puts the beginning to break down of wedge at 200 days.
Time frame for 2021 at 199 days is Friday, March 26.
We have similar movement in RSI in relation to where we are now and other highlighted circle in 2020.
Parallel dotted trend lines in RSI shows they are exactly same levels.
That's all folks,
www.bloomberg.c...inging-an-alarm?srnd=premi...
