Hi All,
I think the 2019 top and price action will lead to a similar result here.
I'm not going to put commentary around this except the key ingrediant in my mind was and is the AB=CD price action.
It was in 2019 and now. I knew there was something familiar with this structure and I anticipated in my posts that this was possible and likely but I missed it :(
The large chart below gives you the ability to compare.
The difference, the 2019 was the daily, here we have a shorter time span and its the 4 hrly.
You be the judge
All the best,
S.SAri
some older charts showing this concept
I think the 2019 top and price action will lead to a similar result here.
I'm not going to put commentary around this except the key ingrediant in my mind was and is the AB=CD price action.
It was in 2019 and now. I knew there was something familiar with this structure and I anticipated in my posts that this was possible and likely but I missed it :(
The large chart below gives you the ability to compare.
The difference, the 2019 was the daily, here we have a shorter time span and its the 4 hrly.
You be the judge
All the best,
S.SAri
some older charts showing this concept
Note
some negative signs a) the 4 hrly 50/200 ema cross
b) the daily William Alligator cross
Note
Note
Its hit the 2019 fractal equivalent levelNote
If this 4 hrly candle closes bullish, then its a great sign like the fractal.Note
Note
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.