The market appears to be gaining bullish momentum, giving the impression that the bear market is over—but what if it’s just getting started?
On this
TOTAL chart, the current price action seems to mirror the 2021–2022 bear market cycle: a rally to new highs, a sharp drop, a deceptive recovery (bull trap), followed by a deeper correction and eventual accumulation.
If this pattern plays out again, we could be in the bull trap phase—right before a significant and unexpected drop.
What do you think?
Will history repeat itself, or are we heading to new highs?
Drop your thoughts in the comments!
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
On this
TOTAL chart, the current price action seems to mirror the 2021–2022 bear market cycle: a rally to new highs, a sharp drop, a deceptive recovery (bull trap), followed by a deeper correction and eventual accumulation.If this pattern plays out again, we could be in the bull trap phase—right before a significant and unexpected drop.
What do you think?
Will history repeat itself, or are we heading to new highs?
Drop your thoughts in the comments!
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
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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.
Related publications
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.