Retesting the previous range. Longer term downtrend in a play but this could be a turning point, we'll see. If the current level does not hold, use the trend line channel as a target instead. After breaking the descending channel we can start to be more optimistic.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
