Safe to say, the resistance around 5.90/6.00 got shattered in a rocket blast.
So price peaked at 6.80.... that's a perfect math double from a 3.40 bottom.
How algorithmic.🤔. So now it's time for fun with math.
From a bottom at 3.40, ( let's call it that) to a 6.80 peak, IF the rally wave finished here at 6.80, the Fibonacci retrace target zone would be looking at 5.50/5.10/4.70 area.
🫥 That is all. 🫥
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