I have four main resistance zones where the long run may do pauses. Now the price stops at the 100% Fibo Projection, a bit higher is the 38.2 fibo . Next zone cluster is the 1440 with 100% and 162%. Then at 1480 to 1500 the next Cluster. And a final one at 1584. The price will maybe consolidate at these levels. We will see.:)
In the big picture I see an inverted Shoulder Head Shoulder. Now we are maybe on the right shoulder, but we have to leave the down trending channel to confirm the change in Trend. If that happens we can go up to the 161.8 Projection, there is also the 38.2 Fibo Retracement. Then the wave 2 with A-B-C structure should start downwards. If wave 2 is over there will...
After the Triangle, now the way is free up to newer highs, I think now we are in a 3 or C, which may end at the 161.8 Target. We will see. It may also run to 200% or 262% Cluster.
