It will shoot up after the testing the X spot which is at fib 61.8 and also have support there ...
we have a left shoulder , head and resistance in the area of right shoulder .. I hightly believe it can form a right shoulder ..
# Im expecting a fall till 0.62783 -0.62591 and the a bounce in a triangle Reasons ? 1- we are at monthly resistance 2- divergance 3- fib around 50% 4- also we need a retracement for this uptrend # if its breaks 0.63750 after the bounce then we have next target 0.66758 and if it break down triangle part then we might have retest to lower support level well...
1 Might break the current trents downwards 2 We have Resistance 3 we are on 50% fib