You haven't drawn the fib from the low prior to the high, so that'll give you a wrong signal.
SP is sitting nicely within the 0.5 fib, If anyones a fib trader. I think G88 had it's run and it's going to consolidate now... This by no means is an analysis to predict med-long term prices, so don't take this to heart if you're in the red.
If we fall out of this trend entirely, we will fill the 3.7c gap, I've laid out my personal entries. NFA DYOR
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