I called it. Never underestimate a sharp reversal after an ending diagonal pattern.

The timing was perfect, too. It literally completed just a few hours before the ETF approval.

This made it look like a "sell the news" event, when in fact the chart told me that it would happen hours before the approval.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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