At Fib Inversion level, minor pull back before rally.
Updated
As mentioned in previous posting, this is an ABCD pattern from C. Price is steadily making a bullish move.
Price is currently moving within a parallel channel.
Forming two spinning tops at the top between Fibonacci inversion levels of 1.414 and 1.272.
Retrace to structure at FIb 50 of the move before continuing upwards.
RSI on daily and 4 hour is in the over bought territory. Trend is still upwards with price and RSI.
Price is currently moving within a parallel channel.
Forming two spinning tops at the top between Fibonacci inversion levels of 1.414 and 1.272.
Retrace to structure at FIb 50 of the move before continuing upwards.
RSI on daily and 4 hour is in the over bought territory. Trend is still upwards with price and RSI.
Note
Making bearish moves as predicted
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