Look how those fibonacci timezones (zone 2) are doing they're job The next target is 98 hit march/22 (Topzone 3) Followed by correction to 80 in may/22 (bottomzone 3) and eventually we will make a new high aournd 116 in november 2022 (topzone 5) Let's see if this works out guys, i'm curious cheers
Forgot to mention that the 70.50 level i talked about is alsow a major resistance zone
Take a look at the 69.50 zone. After a second rejection bulls finally pushed prices higher forming a short term double top around 70.50. But once again 69.50 acted like a magnet pulling prices back down. Personally i'm bullish above 70.75 and bearish below 68.75