Where we expected the price to hold the shoulderlevel as support, we saw that the price closed below the shoulderlevel and continued further down today, touching the head. This could interpreted as the second bottom and is still bullish.
If we take the Fibonacci retracement from the inversed head and shoulders, we can see two take profit targets. The first one is at the -0.27 fib level (119K). The second one is at the -0.68 fib level (123 K)
