i noticed a self-similar repeating pattern within the uptrend that started on september 12th. price has broken downward and deviated from the trend line out of each wedge to start a smaller wedge. forming a curved support. i've seen this sort of fractal many times in the past and it's almost always been a bearish sign. we also have decreasing volume in sync with the curve. and from the looks of it we may have just broken bearish out of the most recent wedge/channel yesterday. just thought all this was worth noting.
Note
also could point out, that the supports also correlate nicely with the gann fan. Note
i think the 12-13% bear break last night speaks for itself :)
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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.