A Rise and Side and Fall

It appears that the trend post 2009 can be summarized into three exact time frames, 118 weeks. as the dotted diagonal cross of the third frame acted as price resistance and a bit late in to the time frame, perhaps 4-5 late candles it has now responded earlier. It looks, we can expect a Range for the coming weeks and no more will we see prices falling below the dotted line. Post the third frame I think we ca see actions much similar to the second frame in the lower bound with fluctuations between 40 and 70.

Just a thought.

I am totally new at this, any advice and thought would be highly appreciated.