After some further analysis and overlays of chart patterns, I have come to the idea that this current phase that we are in fits best with the post drop accumulation and thereby that it is entirely possible that today may have been just over the half way point through the accumulation phase.
The pattern seems to mirror VERY accurately IMO although I couldn't squeeze it right using just Tradingview.
This would suggest that the end of this accumulation period would be very early October.
Trade safely guys and I would welcome your offerings on this perspective!
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.