Thesre is a Wolfe Wave and Price hugging that Extended 1-4 Line in future is Possible . For price to pop above that Channel to 110.00 Area is also possible . All my Price levels are based on Fib's . So we could be locked in this Channel for a few Months
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Firstly here is a 30 Min Wolfe Wave that has hit the extended 1-4 Line 3 Times .
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The recent Drop in Price in my opinion has paved the Way for Price to drop as far as 33.55 these are only probability's
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Looking at 2 possibility's here for a Correction . Target Hit