Price is currently heading for 61.8 fib level. We are anticipating a retracement.
Another scenario is that the market could shoot straight up to obey the 78.6 fib level
then go straight down.
We will be looking for a breakout on the A,B,C corrective structure.
Keep on the look out for this movements for a perfect entry level.
If the market obeys the A,B,C pattern then we will be looking for a nice sell after the breakout of the corrective structure.
The price is currently heading to 61.8 fib level, we are looking for a retracement or either it will still continue going up
to obey the 78.6 fib level then shoot straight down. Be on the look out for this movements for a perfect entry point.