March-April 23 similarities of 2020 pre bull market
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We look at price action as it compares to the early bullmarket of 2020 We analyze bar measurements and calculate the respective ratios between then and now to get a clear reference point of wave time. Correctly.
We then analyze fib retracements and the possibility iof the 2.12 hit and heavy pullback of 2020, i will post below.
Above we can see the the similarities, in the wave count & wedge pattern
as you can see, the price target is well above the 18 retracement fib if everything gets validated and our blue boxes below get filled, validating our bet
accurate ratio of price target based on 2020 price & time below
Note
blue boxed zoomed in & included range
Note
click chart above for the updated idea zoomed & ranged
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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.