This green fractal was taken from the bottoming pattern in 2015. The scale is the same, it was simply copied and dragged to now.
As shown, it uses the $4,180 resistance level, also the top trend line of the current ascending triangle we are in. Once broken through, it tests it as support and goes on to fill the liquidity void from $4,180 to $5,500.
This also lines up perfectly to hit our next main resistance zone at $5,500.
The Money 20/20 event is taking place on March 20th. This could be a bullish boost for the "old man".
In addition, Fidelity has their institutional platform up and running, which leads me to believe that it is only time until large buying starts taking place.
As shown, it uses the $4,180 resistance level, also the top trend line of the current ascending triangle we are in. Once broken through, it tests it as support and goes on to fill the liquidity void from $4,180 to $5,500.
This also lines up perfectly to hit our next main resistance zone at $5,500.
The Money 20/20 event is taking place on March 20th. This could be a bullish boost for the "old man".
In addition, Fidelity has their institutional platform up and running, which leads me to believe that it is only time until large buying starts taking place.
Follow me on twitter! twitter.com/traderview2
