I see most of these things as plain coincidence and a lot of people have fallen for things like this expecting it would repeat itself in future and then they get so comfortable until they start seeing themselves in a huge loss.

The past is never an indication of what the future holds, and even if this were to be true, I really do not see a way anyone can prove it with just chart movements alone. Usually, people will think whatever they really want to think as the case may be.