The chart is prepared using Wolfe Waves and Fibs for entry/exit. We see a possible rally being formed from the current levels. The confluence of 0.5 and 0.618 marks our entry with stops just a few points below in the Wolfe Wave's 'Sweet spot'
Price likely to go all the way to $32 region.
The three intermediary Fibs are immediate take profit levels. Expect to see some bounce in price at these levels, with the final target, projected at 1.618, which also co-incides with the Wolfe wave projections.
Price likely to go all the way to $32 region.
The three intermediary Fibs are immediate take profit levels. Expect to see some bounce in price at these levels, with the final target, projected at 1.618, which also co-incides with the Wolfe wave projections.