-I would expect a small bounce at the 51.6 Fib line line foe a retest of the 160.30usd to for a double top before trending down towards the 61.8 Fibonacci to prepare for the 3rd circle move upwards to all time high.
-But if prices break bellow 51.6 Fib Chart might also move towards 61.8 Fibonacci for further consolidation as RSI and MACD signal a Correction.
-But if prices break bellow 51.6 Fib Chart might also move towards 61.8 Fibonacci for further consolidation as RSI and MACD signal a Correction.
Comment:
Guess no Double top for us here, Well 61.8 Fib here we coooomeee.
Trade closed: target reached
