According to the Butterfly pattern, the Fibo perfectly converges the decline at the target of 16500. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it by October, there will be a great point for going to long.
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We have reached 17800, everything is according to plan, we go lower.
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17200
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16800, excellent practice. Now you can start buying for further moving