2017:
2 weekly candles just above the 20EMA, the 2nd being a doji, followed by a 'hanging man' candle that wicks into the 20EMA. The following week we gained 215%.
2021:
2 weekly candles just above the 20EMA, the 2nd being a doji, followed by a 'hanging man' candle that wicks into the 20EMA (this week). The following week we gain..?
OK, this is not quite perfect, as the 'Doji' candle I am referring to in 2021 is not technically a Doji candle due to the body being greater than 5% of the candle range. And the 'hanging man' (or woman?) candles in both 2017 & 2021 have bodies that are slightly too large to qualify as such. But the structure nonetheless is showing strong similarities across both periods, and the time frames are very similar too. My money is on a breakout to new local highs by early December.
2 weekly candles just above the 20EMA, the 2nd being a doji, followed by a 'hanging man' candle that wicks into the 20EMA. The following week we gained 215%.
2021:
2 weekly candles just above the 20EMA, the 2nd being a doji, followed by a 'hanging man' candle that wicks into the 20EMA (this week). The following week we gain..?
OK, this is not quite perfect, as the 'Doji' candle I am referring to in 2021 is not technically a Doji candle due to the body being greater than 5% of the candle range. And the 'hanging man' (or woman?) candles in both 2017 & 2021 have bodies that are slightly too large to qualify as such. But the structure nonetheless is showing strong similarities across both periods, and the time frames are very similar too. My money is on a breakout to new local highs by early December.