So you're saying there's a chance!

The falling wedge/flag pattern has broken on 2 hour charts and above. Now we look at the fibonacci levels. The 50% is currently being tested, and if it surpasses that and 61.8%, it should keep on going. This should go long.... However,

There is a chance for a retracement at these levels, and especially on levels from the original high.

Just an idea.

Kommentera:

50% Fib level from original high around 2579.5. SLIGHT chance for retrace

Kommentera:

We have a couple new trends forming, keep an eye out for breakout. 50% Fibonacci restated so far.