short EG, take 3 :) long term
see chart for details, but I see a break and retest of a monthly trendline (in red), as well as a weekly trendline (in blue).
also, the resent swing high by EG touches the 0.618 retracement of the prior major move down.
My ultimate target could therefore be at 0.63981, the 1.618 extension level of most recent move.
also, the resent swing high by EG touches the 0.618 retracement of the prior major move down.
My ultimate target could therefore be at 0.63981, the 1.618 extension level of most recent move.
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