WHAT THE BULL WILL DO UNTIL MAY 2021 ? (PART #3 CLOSING PART)
Referring to my previous analysis (please copas this link) :
//
I predicted that Oct 19, 2020 as the end of the Time Span, but it failed because the bears were able to break the previous low (Sept 2020 Low) a few weeks later.
But in the Plan B, refers to The Balanced Time Chart Approach, it has been estimated that the bulls should be able to maintain the 2012 High ($1795) or at lease above $1765 (50% Fibo) until the end of November 2020.
Now we enter the first week of Dec 2020, and I see that a Mini Launch Pad has been rebuilt. If the bulls can close the price above $1850, It an serve as the first confirmation that the bulls can continue to test $1920 or $1965.
Bull can or not ?
ooOoo From The Desk Of NewBie ooOoo
//
I predicted that Oct 19, 2020 as the end of the Time Span, but it failed because the bears were able to break the previous low (Sept 2020 Low) a few weeks later.
But in the Plan B, refers to The Balanced Time Chart Approach, it has been estimated that the bulls should be able to maintain the 2012 High ($1795) or at lease above $1765 (50% Fibo) until the end of November 2020.
Now we enter the first week of Dec 2020, and I see that a Mini Launch Pad has been rebuilt. If the bulls can close the price above $1850, It an serve as the first confirmation that the bulls can continue to test $1920 or $1965.
Bull can or not ?
ooOoo From The Desk Of NewBie ooOoo
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.