A Repeat of the 2019 Bear Market Rally?

٦ مارس ٢٠٢٣

Looking at 2019 vs today (2023) I can see som similarities on the chart.

• Ichimoki Tenkan-Sen crossed up above the Kijun-Sen as per 2019
  
• RSI hit around the same (70ish) as the pre rally in 2019
  
• Huge potential cloud incoming - seeing a 4d candle close in the cloud could be seen as bullish
  
• Sitting right on a long term diagonal trend line of which we had a similiar support and deviation down on in 2019
  

Who knows honestly... But this chart looks potentially bullish to me!