Teal and pink background is by Mid-term FIB retracement.
I see us staying in this channel for some time, we might even be able to break out down and see a bigger drop, followed by a big bounce.
First profit target is 5740. Breaking 5700 will probably send us down alot.
I don't see 6200 anytime soon, the correction will prob. come first.
Longer term target of that is 4100-4900
I see us staying in this channel for some time, we might even be able to break out down and see a bigger drop, followed by a big bounce.
First profit target is 5740. Breaking 5700 will probably send us down alot.
I don't see 6200 anytime soon, the correction will prob. come first.
Longer term target of that is 4100-4900