Nice movment over the weekend.
Low of ~$6400 was hit & we've had steady consolidation since along with some nice gain
4H RSI/MACD in OB & ready to head back down to ~$6600 area - we are currently at very strong resistance of ~$6770 as the fib suggests
1D shows a similar scenarios with the indicators running the same
1W is very bullish and justifies my analysis
We should break 6900 soon and from there $7200 and continue upward, as always there will be pullbacks and mini corrections
Low of ~$6400 was hit & we've had steady consolidation since along with some nice gain
4H RSI/MACD in OB & ready to head back down to ~$6600 area - we are currently at very strong resistance of ~$6770 as the fib suggests
1D shows a similar scenarios with the indicators running the same
1W is very bullish and justifies my analysis
We should break 6900 soon and from there $7200 and continue upward, as always there will be pullbacks and mini corrections
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.