What if we get the ULTIMATE shake-out in May, hitting 21k before we 20x again to 420k?
Seems outlandish? No, it's still in line with the longterm trend...
Recent candlesticks look like shit, tbh. This is very likely not an impulse wave.
We could also think of the largest inverse head and shoulders pattern EVER, in this case. Would be epic!
Are you mentally ready for that scenario?
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...
Have a nice day :-)
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