21.10.2018
5 YEAR TERM
MONTHLY TIMEFRAME
£0.784 LOWEST LEVEL SINCE 05 APR 2017.
02 MAY 2017 SAW A 2 WEEK PUSH TO THE £5.500 AREA.
THEN THERE WAS A MONTH'S WORTH OF PULLBACK (risk management: profit taking/adjusting stop loss) TO THE £3.500 AREA.
FROM THE 12 JUN - 03 JUL 2017, THERE WAS A PUSH FROM £3.500 - £6.500.
A YEAR PLUS, WE ARE BACK BELOW £1.00, CURRENTLY TRADING AT £0.925.
WE COULD SEE THE FLOOR AT £0.500, BOUNCE FROM HERE COULD SEE A RE-TEST OF £0.3500 WHICH WOULD BE THE 1ST TARGET,
2ND TARGET WOULD BE AT £6.500,
3RD TARGET WOULD BE £7.000,
OVERALL TARGET £42.96, WHICH IS A 423.60% RETRACEMENT
MONTHLY TIMEFRAME
£0.784 LOWEST LEVEL SINCE 05 APR 2017.
02 MAY 2017 SAW A 2 WEEK PUSH TO THE £5.500 AREA.
THEN THERE WAS A MONTH'S WORTH OF PULLBACK (risk management: profit taking/adjusting stop loss) TO THE £3.500 AREA.
FROM THE 12 JUN - 03 JUL 2017, THERE WAS A PUSH FROM £3.500 - £6.500.
A YEAR PLUS, WE ARE BACK BELOW £1.00, CURRENTLY TRADING AT £0.925.
WE COULD SEE THE FLOOR AT £0.500, BOUNCE FROM HERE COULD SEE A RE-TEST OF £0.3500 WHICH WOULD BE THE 1ST TARGET,
2ND TARGET WOULD BE AT £6.500,
3RD TARGET WOULD BE £7.000,
OVERALL TARGET £42.96, WHICH IS A 423.60% RETRACEMENT
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.