High time frame idea
Updated
This is mostly a hunch, but doesn't compression like this on a high time frame seem like a probable scenario? What do you think?
Note
Maybe the first wave goes much lower than where I've randomly drawn it to stop, in that case I hope (and think) I'm wrong because then it would take very long before we get above ATH.
Disclaimer
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.