Quite amazing how reliable it has been. Check out how many times it closed right on the respective levels.
The FIBO was drawn up when prices hit rock bottom on that last retrace (around 18c) so its not like i did this last night to align the levels accordingly.
I am thinking a close of 27c or 27.5c will be the go today then some profit taking next week down to 24-25c then we'll see 30.5 PLUS.
Or we could just go straight for the 30.5c today - to the 100% FIBO.
On balance volume looking pretty sweet too.
Quite amazing how reliable it has been. Check out how many times...
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