As we can see, first ascending triangle broke, as i expected. Now waiting for the second triangle to break.
The takeprofit level should be at fib level .61, which looks great, because it does also intersect with the spiral. Its looking great.
The only risk is that we already are at fib level .38 - .5, which is an important one , if it goes up to .5, it will go for sure up to .61.
The takeprofit level should be at fib level .61, which looks great, because it does also intersect with the spiral. Its looking great.
The only risk is that we already are at fib level .38 - .5, which is an important one , if it goes up to .5, it will go for sure up to .61.
Comment:
First prediction confirmed. Second ascending triangle just broke up.