It is very difficult to predict how long this correction may last and whether we would see a more downside movement.
So far every parametr on TA and fundamentals allow us to hope for a foreseeable 35% gain in near future.
Our buy zone sits between 0.618 and 0.7 fib area and our 1:1 extention sell target falls into a previouos .
***This is only for educational puposes and not a finantial advice.
If we bounce off of that level we may expect some upward movement.
I would set my stop loss 5% below 0.786 level.
Breakout about 0.618 fib will confirm an uptrend