March-April 23 similarities of 2020 pre bull market
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
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
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blue boxed zoomed in & included range
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click chart above for the updated idea zoomed & ranged
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Bullish if this level holds on 6hr candles