Here are a few small things to look out for .
As of now it looks like we have reached the bottom if we do by any chance close below the current low then my bottom Target is 7,69
I have indicated a small triangle at the bottom as we could have 2 situations here we can either retrace once more and complete the abcde
but if we close above the top triangle line then watch for a possible channel where price can come down again to give us hidden bullish divergence
either way my 2 targets for the near future is locked in at .
This can spike up just as fast as the latest retracement , all it needs is some positive news event .
Target 1 =20.18
Target 2 =28.25
As of now it looks like we have reached the bottom if we do by any chance close below the current low then my bottom Target is 7,69
I have indicated a small triangle at the bottom as we could have 2 situations here we can either retrace once more and complete the abcde
but if we close above the top triangle line then watch for a possible channel where price can come down again to give us hidden bullish divergence
either way my 2 targets for the near future is locked in at .
This can spike up just as fast as the latest retracement , all it needs is some positive news event .
Target 1 =20.18
Target 2 =28.25
Comment:
Target 1 Hit Dead On .
