BULL's ROAD MAP SCENARIOS (PART #1)

7 mar 2020

In my analysis with the title "The Bull Party Estimated Continue In 2020 (Part # 2)", I predict that the bull market will continue until 2022. Referring to this prediction, I have also posted "The Balanced Time Chart Approach", where the end of the Time Balanced falls in June 2020 (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/a/aIMnjM9M.png), I therefore have a reason that, at least June 2020 prices should not move below the Nov 2019 Low (this month is 1/2 of the trip). On the other hand, if it refers to the Chart Pattern taken from the midpoint, then the end of the Time Balanced will fall in Dec 2020 (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/1/1Cpypd8q.png). Referring to the forecast above, there are 2 possible patterns to be built, namely a Giant Cup and a Giant Scoop (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/j/Jcs626Mh.png).

I will see how prices will act & play in the remaining 1/2 trip of the Road Map (until June 2020) by updating the chart approach I posted last week (please copy and paste this link to your browser : //s3.amazonaws.com/tradingview/snapshots/x/xvn36IwL.png), where I still have a view that prices will continue to move up to make a New Highs, at least until April 2020, with a deciding focal point on the weekly March 16, 2020 (plus minus 1 week).

--ooOoo-- From The Desk Of NewBie --ooOoo--