Long Trade for the Chinese Stock Market - 15R minimum

Targeting the all time highs as a minimum.

It should well exceed this long term so the 1:15 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.

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.