You can see a Fib 50% started from the year 2000-2008 at price 1.21385 which also come across with the bottom of the triangle shape as all as a major support level from 1998.
we can defiantly see a correction!
If not and the markets will continue their downtrends, we will test blue line.
If the line will break we will go and test the 61.8 Fib on 1.12171.
Next stop will be at the green Channel that started in 2004 and tested again in 2010.
Good luck to you all!
we can defiantly see a correction!
If not and the markets will continue their downtrends, we will test blue line.
If the line will break we will go and test the 61.8 Fib on 1.12171.
Next stop will be at the green Channel that started in 2004 and tested again in 2010.
Good luck to you all!