Hello!
I would like to compare of 2014 LOCAL LOW to 2019 LOCAL LOW.
As we can see there are very much alike.
2014 LOCAL LOW:
- 35 days from RED 1 candle to BOTTOM of that move.
- 25 days from RED 1 cadle through consolidation to breakout for LONG.
2014 LOW below.
2019 LOCAL LOW:
- 31 days rom RED 1 candle to BOTTOM of that move.
- around 25 days and then supposedly breakout for LONG. (could be 4 days off)
Have fun trading and good luck.
That is not a financial advice.