Parabolic Acceleration / Capitulation
After we hit target perfectly yesterday, I decided to extend my "bottom" theory a bit.
Yesterday was not violent enough, it was still tradable and simply didn´t feel like bottoming. So
I tried to figure out what would feel like a bottom? A very violent parabolic drop. I assume it´s possible
the last wave could be a wick and mark the end of the 2018 consolidation. Let´s see!
You will know it´s bottom if you can´t manually trade anymore.
Yesterday was not violent enough, it was still tradable and simply didn´t feel like bottoming. So
I tried to figure out what would feel like a bottom? A very violent parabolic drop. I assume it´s possible
the last wave could be a wick and mark the end of the 2018 consolidation. Let´s see!
You will know it´s bottom if you can´t manually trade anymore.
Note
Note
Chart updated, strongly depending on what´s happening now ...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.