The price found strong resistance at 124.40 levels ... so you should probably drop to 0.38 or 0.236 fibo levels . Then the upward trend showing the channel to 1.272 fibo
first target at 1.2820 levels ... with small pullback due to the strong resistance zone. Kick observe behavior, possible triple top and then go for the second target on 1.2580 levels.... If my Stop in broken wait the pullback to get long.
Target at 61.8 fibo... objective 1.1114 by shoulder head shoulder.
Must keep moving within the channel to meet target.
CCI bringing clear bullish signal.
Two possible targets met would form a bullish channel for the coming months.
First target (head and shoulders) coinciding with 0.618 fibo
Second objective would be activated if exceeded then the 0.618 fibo Reverse Run and would be in 103.95 by triple ground objetive.
