This post addresses basic cycle theory. Parabolic curves and parabolic trends.
Yesterday the world laughed at Bitcoin and said that it was a BUBBLE and a PONZI scheme.
Today the whole world is in a bubble and the entire financial world is a ponzi scheme. Ironically we only need to look at examples of yesterday (Bitcoin) to understand how this is going to play out.
In this chart I simply analyse a very clean cut, tidy looking and VERY obvious parabolic trend. I cannot tell you when this is going to happen, or how far up this is going to run because that would be attempting to "time the market", as everyone knows this is a fools errand. But what i can allude to is that which is VERY likely going to be the outcome.
Anyone looking to play leveraged trade positions up here.......... is akin to a game of Russian-roulette with 5 chambers loaded.
Please scroll down for accompanying information and examples.
Please feel free to share your own examples of similar Parabolic trends and their outcomes. The community would love to collate this kind of information in one place.
Happy trading, stay safe. Don't be over exposed.