BULL MARKET IS STILL INTACT (PART# 1)
referring to my previous analysis and as expected, the bulls have just tested $1855 where this test gives a sign that the bulls are still there and based on this chart approach, it just opens the opportunity to test $1955/65 in the next few weeks (please copy and paste this link : //s3.amazonaws.com/tradingview/snapshots/w/wC3uMbp5.png.
Based on my Time Span Approach in the main chart above, then even if the bears return on Weekly May 24, 2021, the bulls will likely re-enter on June 14, 2021 (plus minus 1 week) or the bears will enter in the same week (June 14, 2021) if price in the high position.
(please copy and paste this link : //s3.amazonaws.com/tradingview/snapshots/u/utVOLcD8.png.
ooOoo From The Desk Of NewBie ooOoo
Based on my Time Span Approach in the main chart above, then even if the bears return on Weekly May 24, 2021, the bulls will likely re-enter on June 14, 2021 (plus minus 1 week) or the bears will enter in the same week (June 14, 2021) if price in the high position.
(please copy and paste this link : //s3.amazonaws.com/tradingview/snapshots/u/utVOLcD8.png.
ooOoo From The Desk Of NewBie ooOoo
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