Will be interesting to see the long term play out on this chart, I beleive that it is possible that the price may reverse around the end of September as indicated by the time fibonacci (blue pillar lines). If the price fails to break out by the mid-October then I would consider this idea invalid. If the price rallies into an uptrend before this time, I would expect to see a bearish reversal some time in early-October.
Any thoughts are welcome!
Peace, Biffy.
Any thoughts are welcome!
Peace, Biffy.
