Last week (2017.09.18) price movement ended the 231D + 42D Time Span or D Area and 77D Hidden Time Span and 427D Time Span or E Area, and now the price move within 427D Time Span or F area and the new Time Template, there is 364D Time Span or H Area, as the main chart above, where E & G Area is Testing Area and F & H Area is Constructive/Collapse Area.
As my previous analysis, based on history chart, I still think that $1046 low 2015 is the End Of Bear Market and $1122 low 2016 is a Confirmation Of Bull Market, and this is also indicated by the trend of price movements, where the Collapsed Area in the Bear Market is now beginning to turn into a Constructive Area in the Bull Market, as shown in this Chart (Y is a Constructive/Collapsed Area).
From the main chart above it can be seen that the 364D Time Span or G Area ends on 2017.07.03 right at the beginning of 77D Time Span, where $1205 is in place, so in my view $1205 has the potential as a leg to move up further. $1288 seems a good call with $1278/72 is my defense, where at this level the price started moving up a few weeks ago. Below this price level, I will summarize again the potential changes that occur.
--ooOoo-- From The Desk Of Newbie --ooOoo--
As my previous analysis, based on history chart, I still think that $1046 low 2015 is the End Of Bear Market and $1122 low 2016 is a Confirmation Of Bull Market, and this is also indicated by the trend of price movements, where the Collapsed Area in the Bear Market is now beginning to turn into a Constructive Area in the Bull Market, as shown in this Chart (Y is a Constructive/Collapsed Area).
From the main chart above it can be seen that the 364D Time Span or G Area ends on 2017.07.03 right at the beginning of 77D Time Span, where $1205 is in place, so in my view $1205 has the potential as a leg to move up further. $1288 seems a good call with $1278/72 is my defense, where at this level the price started moving up a few weeks ago. Below this price level, I will summarize again the potential changes that occur.
--ooOoo-- From The Desk Of Newbie --ooOoo--
