Thoughts - Fib starts from ATH in June 2017 - A bounce in the support zone at the 0.786 Fib - Clear breakout of the Trendline - Expectation is to attempt a new local ATH - Caution as 2 massive uptrends would need at least 50% correction. Interestingly, in the local Fib (within the last month) there was a bounce off the 0.5 Fib. - Tight stop loss required (around .018) if you decide to long
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Update - Hit the 1 Fib earlier than expected (Looks like a double top) - Fallen back down to the support zone - If price closes below 0.0173 (4HR) I think a short trade is on the cards - Waiting for confirmation of the break down