THE BOTTOM OF PRICE IS ALREADY SETTLED FOR YEAR OF 2018 (PART#2)
Based on my observations, the average time for the Bottom Setting is 77D and 01 Oct 2018 is the end of the Bottom Setting.
After the 77D then prices continued move up within 63D on average, except in 2015, the price took back the Bottom, as shown in this Chart.
The 63Days move up will end on 03 Dec 2018 (plus/minus 1 week), but before ending there, it is likely that the price will return to consolidation in the time span of 29 Oct 2018 - 05 Nov 2018.
However after the price closes above $1205 Jul 2017 Low, then a further $1236 Nov 2017 Low needs to be retested.
--- From The Desk Of NewBie ---
After the 77D then prices continued move up within 63D on average, except in 2015, the price took back the Bottom, as shown in this Chart.
The 63Days move up will end on 03 Dec 2018 (plus/minus 1 week), but before ending there, it is likely that the price will return to consolidation in the time span of 29 Oct 2018 - 05 Nov 2018.
However after the price closes above $1205 Jul 2017 Low, then a further $1236 Nov 2017 Low needs to be retested.
--- From The Desk Of NewBie ---
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.