2015 vs 2019 (Monthly chart)
1-Blue line = Monthly Trend line (When we broke above the trend line, the next montly candle was a drop correction)
2- Yellow line = 20MA (334 days vs 335 until candle closed below the yellow line)
3-Angle of the trend line 23* vs 26*
4-Drop from High to Bottom 85% vs 84% drop.
5-Tomorrow (05/01/2019) monthly candle will close.... what will happen ? repeat 2015 or go higher ?
1-Blue line = Monthly Trend line (When we broke above the trend line, the next montly candle was a drop correction)
2- Yellow line = 20MA (334 days vs 335 until candle closed below the yellow line)
3-Angle of the trend line 23* vs 26*
4-Drop from High to Bottom 85% vs 84% drop.
5-Tomorrow (05/01/2019) monthly candle will close.... what will happen ? repeat 2015 or go higher ?