Post the 08 market crash price has accelerated very fast away from the trend line I have drawn in white. Is it following another trend like the one drawn in dotted green, or will a retest of the white line come.
It is more likely in my opinion that it follows the green curve up as a drop like that would be a massive bubble pop.
See how it unfolds
Monthly timeframe
It is more likely in my opinion that it follows the green curve up as a drop like that would be a massive bubble pop.
See how it unfolds
Monthly timeframe
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