Stair casing in an arc, once a macro bottom has been made, shows accumulation has begun and the selling has dissipated, when PA follows a convex arc and the stair case PA as it moves up, PA will have a slightly deeper pull back prior to an impulsive move to the high, and is similar in action to chart below, which is of bitcoins current macro bottom move up and out. The only difference with BTC is it moves at a much faster beta, being it trades 24/7 365 days a year. Another asset for example that i have entered into is HGEN (hydrogen ETF) where the divergences and pattern sequence showed it had just bottomed, and similar to BTC also would begin stair casing up and out in an arch accumulating before some bigger impulsive moves to the high begin. These are the setups i am currently looking for and investing in, when as i see it, large caps have topped or about to top, and where money from those assets will flow into the small to mid sized caps, as the large caps begin a macro correction-crash NFA DYOR just my personal view, and what i see in the charts, as i don't follow any news to trade just the pattern structure and sequence of macro market cycles. The arc stair case nature of the PA acts as a giant rubber band being wound up and getting ready to release its “stored” energy. chart 1 FRE, chart 2 BTC chart 3 HGEN for reference, looking at wave structure for FRE i can forecast that likely see the bigger impulsive moves to the high by march - april 2025, which aligns with some other assets i am involved in also, most retail will get involved once the impulsive moves up have occurred, and will have missed out on the accumulation phase at the bottom
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