AMEX:SOXS   Direxion Daily Semiconductor Bear 3x Shares
Such a great specimen combining an entire market cycle into one chart.

3 peaks Domed House - Distribution / Reaccumulation / Upthrust double top

The entire market cycle also forms a nice Bullish cypher before the return up to where we are now.

Clear accumulation beneath our inflection zone, adam & eve style double bottom

BTC finished this 3 peaks domed house pattern in November and Spy did on the Weekly back in the 2000s before one of the greatest bull markets in history.

For comparison, BTC would now be in the reaccumulation phase under the Basement zone (last july was our basement)

I posted a chart representing this pattern in December, and it played out quite nicely

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.