H1 - Price is bouncing higher from a strong support zone.
Bullish divergence.
Price still has room higher towards the key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave.
Until this strong support zone holds I expect the price to move higher towards the key resistance zone.
Bullish divergence.
Price still has room higher towards the key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave.
Until this strong support zone holds I expect the price to move higher towards the key resistance zone.
Komentarz:
The short-term bullish move towards the key resistance zone happened exactly as per the plan!