The Fib ratios seem to be good; although, I am not sure if it is odd that they would dip past the 50% and bounce back but you guys can let me know in the comments if you do please. The stop loss is simply brought over from the last low and the support on the uptrend looks good so overall I am going to predict a nice profit if the price remains on its course. However, considering recent volatility I expect it to dip -and probably rise again- in order to continue consolidating until it reaches a "steady" price.
On chart! http://ift.tt/2jYiYIt
Submitted February 01, 2017 at 11:38AM by FB_XIII http://ift.tt/2kSuAvk
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