That chart is bullshit, in my 10+ years of trading experience and I have never seen a market behave like that.

Bitcoin has done that exact thing several times already.
It's like a broken record with this thing. The only thing that matters is that the "mean" is upward moving over time. Something the dollar and fiat currencies do not do.
No. It hasn't done that patern and I can tell you from my experience that that pattern will probably never be done in a rational free market.
The forex markets are heavily manipulated in an irrational manner by central banks but even them don't do moves like that.
I say this as a quantitative analys who has been working with some market analysis tools, 2 similar patterns are not 2 exactly same patterns, and it's almost impossible to code an indicator to find them since the similarity threshold if it's set too high, then it will never find one, if too low then it will find many false positives that will most likely lose money.
After all there is randomness in an efficient market.
Now can you forecast price swings? Absolutely, but not with a certainly, but good enough to make money from it, if good information is available.
So I hardly focus on quantitative analysis nowadays, and more on fundamental things. But granted the market is not efficient enough yet, so maybe some tools could be designed to predict it with a good degree of accuracy enough to make money automatically.