In earlier cycles entering below the 200 weekly moving average (blue line) and staying above the 300 weekly moving average has been great accumulation zones.
If we extend trendline between accumulation bottom 1 and 2 we end up with a log scale channel that corresponds with the same area.
If we extend trendline between accumulation bottom 1 and 2 we end up with a log scale channel that corresponds with the same area.
