Watching the Blue Macro Cycle Line
Updated
Watching the blue macro cycle line. IF the price crosses over violently then perhaps the macro line is following a less steep version of the macro cycle, or its just breakdown time. If it bounces then we could possibly be nearing a top ( talking in terms of months, sometime within 2021).
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Tried adjusting the macro cycle line and ended up coming out with other possible cycle trends. The light blue one supposes the cycle starts later. The purple one supposes that the incline deviates from the cycle more than in the original post.
As more price discovery occurs, it will become easier to identify the overall structure.
Nonetheless seeing "what could be" in both near and long term allows us to be aware of potential cycle breakdowns.
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Another note: being aware of both possibilities allows you to have a back up plan. If the steep structure is invalidated, then logically then next step would be to see if the next structure (along with other indicators you trust) begin to be invalidated. Steeper and more rapid inclines inevitably mean more exposure to risk. Getting caught up in mania could lead to poor entry points.
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