This chart uses trend lines from July 2020 after the jump occured. I am also integrating trend-based fib progression to determine where those trends intersect on the timeline.
I would like to think that scenario 1 will be the play as CTM is very bullish over long time frames.
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If we breakout of 0.60, I anticipate a target of 0.75 in 2 weeks time.
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Had breakout. On it's way to 0.75. I anticipate reaching 0.69 next week.
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Should hit 0.75 by 18/12, although I'd like to see 76.5.
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On track to hit 0.93 target this month
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0.93 hit. If on trend, next target 1.23 around May 2021. Scroll up to see it. Might have to make another chart.
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Okay. This idea came to fruition but does not help now. Thanks for watching!