I got trading view to fix up the ARI chart! What odds hey...
Anyhow, it looks like it is slotting into the W3 system nicely @W3hunter.
Grid set from 4c to 1c. It closed right on the 61.8 and had a strong bounce yesterday which seemed like it was all buying but had the one sale push it down lower. Need to watch it to see how it interacts with this fib level, the 65ema is also just below so it should hold as support.
If 2.8c doesn't hold as support, the grid should be reset to 3c for the high, and the 61.8 level will be 2.2c. But if this happens then it will be below the long ema's and the momentum will have turned negative. It needs to bounce from here over the next few days to keep that longer MACD positive.
At this stage I'm thinking it's got a real chance of running up to 6-9c, if, this 2.8c level holds as support. If we see a good bounce from the 65ema touch yesterday I'm bullish.
