rick0422

rick0422

Using FIB retracement, price on a monthly TF seems to be respecting the 78.6% retracement before its next push to the upside. On every bullish cycle it has done the same, so far we are currently respecting this 78.6% fib zone. Based on the extension zones on fibs lead me to believe we might be heading to the 200% expansion zones(upside)