I think it will move like this , but mean while it can change , for now I think we need to close above EMA 200 first , then try to fill the FVG and get to fibo 50-61.8 .
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following the path
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In this time frame, we are following the path and need to hold this trendline. Otherwise, we could see 2.40 again, which is the bottom of our range box.
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For now, the trend line saved us again, and we saw a good bounce there. We have two important areas acting as resistance. As long as the price can't get past them, it's not likely to move up further. Ideally, we need to close above the 200-day EMA (Exponential Moving Average) and the $3 price level on the daily chart, and then stabilize above it to see a stronger upward movement.
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