"The important aspect which you've mentioned though is that sensible pattern analysis has been hi-jacked by those that "need to see a pattern". Preferably one that agrees with their prior convictions."
Yes I remember early on after the 5.3c low, there were all sorts of bearish patterns mentioned ranging from bearish rising wedges to bat patterns, which luckily for holders never worked out. Well the question is were they ever clearly identifiable at the time or were they simply imaginary to those that needed to see a pattern to match there prior conviction and or narrative?
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