Repeating myself
Monthly fib in red, weekly in Blue and short term in Pink
Now let's see where we are, We have gone below 78.6% monthly fib level and ideally I was not expecting that but because it has not closed below 78.2% weekly basis, can we consider 108 as low for now? If yes then what is next level weekly? around 160, that's a big range from 122 but not impossible. Just to be clear I believe eventually it will go below 100 unfortunately but at least not now. Agree or disagree???