This is based on 5 different indicators along with a deep analysis using AI. Based on repeating patterns. We see a 50% gain before dropping down to a 25-50% retracement of the total span, then a 100% gain from initial starting point at intervals. Looking at bar length:
From 1,400 up to 11,700 is +10,300
From 1,200 up to 6,400 is +5,200 (about half of 10,300)
From 2,600 up to 5,400 is +2,800 (about half of 5,200)
Seeing that these upward moves appear to be roughly halving each time, the next “up” might be around half of 2,800, i.e. about +1,400. Adding 1,400 to the most recent term (5,400) gives
5,400
+
1,400
=
6,800.
5,400+1,400=6,800.
So a plausible next term (if we follow that decreasing-up-jump idea) is around 6,800 bars. This concludes how we will get to the next increase - though much slower than the previous 2.
From 1,400 up to 11,700 is +10,300
From 1,200 up to 6,400 is +5,200 (about half of 10,300)
From 2,600 up to 5,400 is +2,800 (about half of 5,200)
Seeing that these upward moves appear to be roughly halving each time, the next “up” might be around half of 2,800, i.e. about +1,400. Adding 1,400 to the most recent term (5,400) gives
5,400
+
1,400
=
6,800.
5,400+1,400=6,800.
So a plausible next term (if we follow that decreasing-up-jump idea) is around 6,800 bars. This concludes how we will get to the next increase - though much slower than the previous 2.
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days* not bars. This was originally created on the daily rather than monthly. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.