it's always usefull to compare fractals. we can see on this chart that we have a very high correlation between 2017 and 2020 prestart BullRun.
The Story can repeat but have no reasons to repeat at the exact same time without strong Fundamentals and Catalysts. This chart is just made to show you where its possible to be right now, and the most important, where you don't want to open a Long Position without some strong confirmations and avoid bears traps.
i hope it helps peoples to see more clearly!
Happy Tr4Ding !
The Story can repeat but have no reasons to repeat at the exact same time without strong Fundamentals and Catalysts. This chart is just made to show you where its possible to be right now, and the most important, where you don't want to open a Long Position without some strong confirmations and avoid bears traps.
i hope it helps peoples to see more clearly!
Happy Tr4Ding !