Interesting fractal

If you go back to the 19-20th of November 2019 you will see the same W pattern followed by a pretty strong drop. I'm sure I've seen this pattern play out on VET in other occasions, where it reaches a peak, comes down some 20%, then comes back up to challenge the peak and fails after going sideways for a bit. After that, a significant drop. Could it be this time too?
Chart Patterns

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