Fibonnacci is drawn from 0 to wave 3
if it breaks the 9250 level, than we might see further downside.
which is level 0.886 on fibonacci
if the 9250 level breaks, 0.886 on fibonacci
and we continue to the downside,
we may se a retracement to 10100. which is level 0.786
on the fibonacci. if the
wave 3 is completed on level 1, fibonacci
if the price will complete wave 5. Level 1.272 on fibonacci
a correction will occur to aprox 8700-8900. level 0.886 on fibonacci
I could easily see the price slide to 3000.
Level 1.386 fibonnacci
if it breaks the 9250 level, than we might see further downside.
which is level 0.886 on fibonacci
if the 9250 level breaks, 0.886 on fibonacci
and we continue to the downside,
we may se a retracement to 10100. which is level 0.786
on the fibonacci. if the
wave 3 is completed on level 1, fibonacci
if the price will complete wave 5. Level 1.272 on fibonacci
a correction will occur to aprox 8700-8900. level 0.886 on fibonacci
I could easily see the price slide to 3000.
Level 1.386 fibonnacci