Looking back at the previous parabolic cycles of 2011 and both of 2013 cycles, each run had a descending recovery period on the way to the top. Once the recovery period became longer than the previous one it means the prabolic run is over and a new trend is in progress.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.