Seems like my target projection was pretty spot on (off by $15!). Here is the recap:
The market found resistance at each fib level and the peak at around $7900 triggered a large sell-off. We'll have to wait to see how the market reacts and find new patterns, but for now our target has been reached.
The market found resistance at each fib level and the peak at around $7900 triggered a large sell-off. We'll have to wait to see how the market reacts and find new patterns, but for now our target has been reached.
