A possible ascending trend
As we see in chart it is slightly possible to pass the first resistance level of fibo and a pull-back will be made on passed level to gain the best divergence support and keep on the trend to the target indicated on the chart. It is also obvious on DMI oscillator the DI+ has been created a cross with DI- in order to make a positive signal in buy order
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.