2014 CRASH SUPERPOSITION
I have updated my superposition charts to reflect the channel break that we had recently.
I believe that this chart is even more realistic than my previous ones as the 2014 ghost pattern (in blue) is only compressed by 25% on time frame. I think this is also reasonable as we have in a slightly faster moving market today than in 2014.
So as you can see the top breakdown happened in 2014 as well and finally it happened to be a bull trap. My advice to everyone can only be to stay careful. I don't think the correction is over. But this is just an opinion.
I believe that this chart is even more realistic than my previous ones as the 2014 ghost pattern (in blue) is only compressed by 25% on time frame. I think this is also reasonable as we have in a slightly faster moving market today than in 2014.
So as you can see the top breakdown happened in 2014 as well and finally it happened to be a bull trap. My advice to everyone can only be to stay careful. I don't think the correction is over. But this is just an opinion.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.