FIB Impulse Study (which projects a move and levels from the first impulse) points to a completed leg at 1,3200. Next target level is 1,3464 which coincides approx. with the Yearly PP (1,3475) The projections build upon harmonious Fib movements. It is thus more of a road map for bearish development than a prediction of were price will go from this point.
Comments
CapMoore
⋅
Next level should of course be 1,3464. Don't know how to erase a chart to correct it.