My feeling is a downward trend that will reach 111.725
That will match the fibonacci retracement of 38.2%
Then up again untill 113.214 (23.6% fibonacci retracement)
And then a huge downward trend untill 107.7
That will match the fibonacci retracement of 38.2%
Then up again untill 113.214 (23.6% fibonacci retracement)
And then a huge downward trend untill 107.7
Comentário:
After reaching 113.214 we have a perfect head and shoulder pattern which wil generate a huge down trend!