Simply a Test to Look Back On By End of August, 2020 to Test ATH
This is only a personal test to see if we end up following a similar trek to what I've drawn here.
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An added point: If we go to $10,350.01, then we should be on our way to a breakout. However, we will likely pullback when we hit the upper boundary to test support at $9,948.98 before finally breaking out.
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Possible future trek of the lines inside Godmode to line up with the possible future trek of the price action:
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It's my "opinion" we do not have to repeat 2016 in 2020. WHY? Well, I suppose we need TWO HACKS of TWO MAJOR EXCHANGES for starters. NO?
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Here's LONG TERM TA using Godmode 3.1 Mod with LSMA in the 12-Day TF: Keep in mind this is ONLY a "projection" and dates are subject to change as the price action and indicators play out.
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Added a few more Yellow (Entry) and Red (Exit) Vertical Time Lines to the 12-Day TF back in history to show you more support for my "opinion" on POSSIBLE future price action.
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ADDITIONAL SUPPORT "WHY" a BEAR TRAP is currently being setup:
4-Day (Top Left); 8-Day (Top Right); 12-Day (Bottom Left) and 16-Day (Bottom Right):
4-Day (Top Left); 8-Day (Top Right); 12-Day (Bottom Left) and 16-Day (Bottom Right):
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