i am with you. i thing we could see a strong support (japen, china) next days.
ulrich.wagener
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Which way in your opinion does the bigger triangle break? How about a similar triangle in June/July 2016 which dropped 40% from high to low.. will take us to 1800..
Like2Move
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@Ulrich.wagener, It's hard to predict - look at how beautiful the price fluctuates within fib 0,764.
The latter movement reached a fib 0.618 and likely is ready to make the movement of the same fib size down (to 2350). I am more hopeful of breaking the triangle down.
ulrich.wagener
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@Like2Move, are we looking at sub 2000 prices,maybe 1800 or as low as 1500? What do you think is the most likely scenario?
Like2Move
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@Ulrich.wagener, Intermediate target 2050, next - strong support (and a main target in this stage) at 1850 area:
Triangle broken, what is the recommended entry price ?