The "I'm batman" chart pattern is something I've seen a few times over the years and it's always been a pattern that is highly correlated with cucking over-eager shorts that don't put enough effort into their analysis.
It consists of a rally, a dip, a strange symmetrical twin-peak pattern with a spike that was sold down between them, and then an extended rally. This creates a pattern that resembles the "Batman Logo".
The first example I will cite here is what occured on JPM back in 2011 when nobody believed that a recovery was possible after the Great Financial Crisis.
The second image that cucked me going into the COVID-19 crisis.
You can see that "I'm batman" always occurs as a pullback that leads to an extended "last resort rally" (that inevitably is a fake-out, or a trap).
I am watching a similar form on
AAPL right now
And my belief is, that is this resolves upwards as I expect, that this finalizes the final leg-up on tech stocks and indexes before the pullback or recession or however you interpret what comes afterwards.
It consists of a rally, a dip, a strange symmetrical twin-peak pattern with a spike that was sold down between them, and then an extended rally. This creates a pattern that resembles the "Batman Logo".
The first example I will cite here is what occured on JPM back in 2011 when nobody believed that a recovery was possible after the Great Financial Crisis.
The second image that cucked me going into the COVID-19 crisis.
You can see that "I'm batman" always occurs as a pullback that leads to an extended "last resort rally" (that inevitably is a fake-out, or a trap).
I am watching a similar form on
AAPL right nowAnd my belief is, that is this resolves upwards as I expect, that this finalizes the final leg-up on tech stocks and indexes before the pullback or recession or however you interpret what comes afterwards.
Nota
This worked out exactly as I expected.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.