Looking at the 15 minute chart we can see a similar fractal pattern that played out in the beginning of May. Lets see if history repeats the pattern....
Note
Wow, some pretty similar patterns here:Note
I added in the same impulse wave cycle to see what could possibly happen if the fractal repeated itself, of course the scale is different but it will interesting to see how it plays out.Note
Some pretty scary similarities still happening !!!Note
Still looking mighty similar. Although the pattern says down I cannot but help think we will follow the previous fractal:
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.
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.