H4 - Price is bouncing higher from a key support zone formed by the 161.8% Fibonacci expansion level of the first wave and the 100% Fibonacci expansion level of the second wave.
Multiple bullish divergence.
Engulfing candle pattern.
Until this key support zone holds I expect short term bullish moves to happen here.
Multiple bullish divergence.
Engulfing candle pattern.
Until this key support zone holds I expect short term bullish moves to happen here.