Hi Chippers
In my post last Friday , because of the sharp rise from 0.645 on 21 Dec to 0.97 on 5 Jan, I decided to muck around with short term FIB's and come up with some short term upward target zones. This resulted in
1st short term target 1.04 to 1.09 being the 23.6% to 38.2% Extentions
2nd short term target 1.09 to 1.13 being the 38.2% to 50% Extentions.
So far today we have reached a peak of 1.16. So much for mucking around, although the ISL news helped a lot. However I have never found a way of charting for news.
Where to next? Who knows, these EAP clients we are dealing with can release information about using the AKIDA at any time.
I'll just watch the charts and see what comes up. As always do your own research.
cheers Lies
Chart, page-14333
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