Long term targets, assuming we do not form a lower low.
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Kissed the 0.5 fib resistance. We're still weeks out on this playing out, but just checking it. All things considered, I wouldn't be surprised if we retest the 5k area before making a run for the 1.272 or 1.618 targets.
Thanks for sharing, I would say it would be a bit optimistic for now, but anything can happens right? Cheers/
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@elvincontact, These are definitely not short-term targets. See my other post regarding the falling wedge. I see a retest of the 6k region, which would still leave this bat harmonic in play.