- Price just hit a very important resistant level 0.618 (fibonacci expansion).
- Price needs to break out 1. the purple channel 2. the white trendline to confirm the end of this correction.
- Expect a big move to the upside if the above has been confirmed.
- Price needs to break out 1. the purple channel 2. the white trendline to confirm the end of this correction.
- Expect a big move to the upside if the above has been confirmed.