• Price has rejected a critical area (78.60% Fibonacci Area - Weekly Support - Weekly Trend-Line). We can potentially see price continue it's bullish movement to the upside.
• Our biggest obstacle at this moment is our Daily Trend-Line acting as a Counter-Trend-Line. As of right now this is a risk free trade, but we are expecting price to break that area, make a new high and re-test previous high. Which we can use for a new entry.
• Our biggest obstacle at this moment is our Daily Trend-Line acting as a Counter-Trend-Line. As of right now this is a risk free trade, but we are expecting price to break that area, make a new high and re-test previous high. Which we can use for a new entry.