In my previous analysis, I used this chart approach to estimate 2016 is The End Of Bear Market (//s3.amazonaws.com/tradingview/snapshots/j/JaiAKLu5.png) and the same way I have published in my previous analysis to estimate 2020 is The End Of Bull Market and 2021 is a determinant of whether The Bull Market can continue or not, as the following chart approach (//s3.amazonaws.com/tradingview/snapshots/m/m5NGAncY.png).
Now let's look at another chart approach as a companion to the chart above, which I've also published in my previous analysis (//s3.amazonaws.com/tradingview/snapshots/v/VC0HVocb.png). If we look at the pattern of price movements in 2020 - 2021, it is almost the same as in 2011 - 2012, where based on The Time Span that the next high price is expected to arrive on the week of November 29, 2021 (plus minus 1 week) where according to my point of view, the bulls must be able to close the prices above the 2021 High because in 2011 - 20212 there was no closing price above 2012 High and at the same time this also to validate that price of 2021 Low have settled.
And finally, let's take a look at my previous pattern forecast (//s3.amazonaws.com/tradingview/snapshots/5/5qMUjnnP.png) where long term price movements tend to form A Giant Cup & Handle Pattern or A Giant Scoop and from my point of view, that A Giant Scoop has already formed as this chart approach (//s3.amazonaws.com/tradingview/snapshots/7/79qZv2YL.png).
If my prediction in the previous analysis is that The Bulls still have a chance to test $1845 until September 13, 2021, then at least The Bulls should be able to close the price above $1805 in the near future to re-enter the channel (//s3.amazonaws.com/tradingview/snapshots/i/iiOLAqic.png).
ooOoo From The Desk Of NewBie ooOoo
Now let's look at another chart approach as a companion to the chart above, which I've also published in my previous analysis (//s3.amazonaws.com/tradingview/snapshots/v/VC0HVocb.png). If we look at the pattern of price movements in 2020 - 2021, it is almost the same as in 2011 - 2012, where based on The Time Span that the next high price is expected to arrive on the week of November 29, 2021 (plus minus 1 week) where according to my point of view, the bulls must be able to close the prices above the 2021 High because in 2011 - 20212 there was no closing price above 2012 High and at the same time this also to validate that price of 2021 Low have settled.
And finally, let's take a look at my previous pattern forecast (//s3.amazonaws.com/tradingview/snapshots/5/5qMUjnnP.png) where long term price movements tend to form A Giant Cup & Handle Pattern or A Giant Scoop and from my point of view, that A Giant Scoop has already formed as this chart approach (//s3.amazonaws.com/tradingview/snapshots/7/79qZv2YL.png).
If my prediction in the previous analysis is that The Bulls still have a chance to test $1845 until September 13, 2021, then at least The Bulls should be able to close the price above $1805 in the near future to re-enter the channel (//s3.amazonaws.com/tradingview/snapshots/i/iiOLAqic.png).
ooOoo From The Desk Of NewBie ooOoo
