Hi, we are at 50% of fib, so i expect a retracement from here or .618 level to the pointed area where we may start seeing the big reversal to the uptrend.
Any updated chart analysis after the close today? We did close above the 28.57, so breakout to upside or simply heading to the 29.74 target, in you opinion? I agree with many Ideas on here pointing towards retracement and Wave analysis. Most ppl straight up bullish now, after two days action. Trying to get multiple POVs.
Gilberto_TL
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@farmerisland, Hello, i had been looking at minor TF´s (4Hrs) to confirm my belives about my estimated target, and if you set fib you can see that i pointed to 0.618.