RE:RE:RE:RE:New prediction Not sure what you mean by bluff. What I predicted already happened to high end. Just go back and look.
I do still see more of a drop coming but I could be wrong as it's at a point where it could go either way.
If it goes down expect it to go to between 1.21 and 1.16
Also like I pointed out in an earlier post, news is an except to the rules. News drives price whether it's up or down. With the institutional candle we seen today might be telling us a big player, maybe with inside information, wanted to take out those stop losses and break even on some old sell orders in preparation for news and a drive up.
I myself think we will get a bit more retracement and know out of those with stoplosses at $1.19 which means it will probably hit $1.16 which is a 50% retracement on the last large up move.
On the low end if it ever got there a premium buy would be between $1.05 and $0.85
Again this is just my opinion and how I interpret what I see. You don't have to agree and I definitely recommend doing your own analysis.