21.10.2018

21.10.2018

21.10.2018


5 YEAR TERM
MONTHLY TIMEFRAME

£0.784 LOWEST LEVEL SINCE 05 APR             2017.
02 MAY 2017 SAW A 2 WEEK PUSH TO THE £5.500 AREA.
THEN THERE WAS A MONTH’S WORTH OF PULLBACK (risk management: profit taking/adjusting stop loss) TO THE £3.500 AREA.
FROM THE 12 JUN – 03 JUL 2017, THERE WAS A PUSH FROM £3.500 – £6.500.

A YEAR PLUS, WE ARE BACK BELOW £1.00, CURRENTLY TRADING AT £0.925.
WE COULD SEE THE FLOOR AT £0.500, BOUNCE FROM HERE COULD SEE A RE-TEST OF £0.3500 WHICH WOULD BE THE 1ST TARGET,
2ND TARGET WOULD BE AT £6.500,
3RD TARGET WOULD BE £7.000,
OVERALL TARGET £42.96, WHICH IS A 423.60% RETRACEMENT

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