Once Again Point of Resistance
If the break occurs, more higher prices are coming! $121.78 is next pivot point and my profit target!
We can see a triangle forming, so if price peeks its way through the trend line, that's confirmation of higher prices, on the flipside, if it breaks the lower trend line, then must find more supporting factors for lower prices!
Price action has rebounded of Fibonacci entrancement 50%, price action has found perfect support at fib level 50%!
No where else to go but up!
We can see a triangle forming, so if price peeks its way through the trend line, that's confirmation of higher prices, on the flipside, if it breaks the lower trend line, then must find more supporting factors for lower prices!
Price action has rebounded of Fibonacci entrancement 50%, price action has found perfect support at fib level 50%!
No where else to go but up!
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