Description
⋅ Targeting the all time highs as a minimum.
It should well exceed this long term so the 1:13 risk to reward ratio is a conservative estimate.
I'm not sure how long this move will take, but I do not see the price breaking below that orange zone again on daily closing basis.
The line forecasts (orange and green) are very rough approximations of how I expect this to unfold.
There are monthly cycles approximately every 60 months on average.
So the next cycle low is expect to come in 60 months time.