First = Exceeding 0.534418 turns into buying, targeting:
= 0.582265, which is 0.5 Fibonacci retracement
= 0.619422, which is 0.61 Fibonacci retracement.
= 0.672626, which is 0.78 Fibonacci retracement.
- Second: the reversal down from 0.534418 remains in a sell-off state, to the previous targets
= 0.582265, which is 0.5 Fibonacci retracement
= 0.619422, which is 0.61 Fibonacci retracement.
= 0.672626, which is 0.78 Fibonacci retracement.
- Second: the reversal down from 0.534418 remains in a sell-off state, to the previous targets
Comment:
It achieved the first buy target, and is still going up.
Comment:
It is building an existing inverted head and shoulders pattern, when the new chart update is completed, and we will have a new buy target in addition to the previous one.