BB About to Go Parabolic?
BB is repeating the accumulation algo prior to January, 2021 and it's moving about twice as fast.
In Dec 2020, #BB broke above the (red) downtrend and within 6 sessions gapped up 60% before retesting a major support level. We've been in this same cycle for about 7 months and we're about to pierce the (red) downtrend. If the algo is going to repeat itself, we'll gap up within 3-6 sessions before retesting back onto the parabolic curve.
In Dec 2020, #BB broke above the (red) downtrend and within 6 sessions gapped up 60% before retesting a major support level. We've been in this same cycle for about 7 months and we're about to pierce the (red) downtrend. If the algo is going to repeat itself, we'll gap up within 3-6 sessions before retesting back onto the parabolic curve.
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