Keeping in mind that the momentum of this indixe is bullish, I am expecting a slight retest to significant zones of interest to print a new HL before actually continuing with the rise
1. Bullish rally took out previous high
2. Anticipating a retrace leg to 1.2000 before the actual rise as a retest of broken resistance. Twizzer top identified at significant resistance
3. The anticipated retest region in confluence with 50% fib ratio
1. Ascending Triangle identified
2. Market closed above a significant point of interest 30150
3.Bullish momentum confirmed with M.A
4. Market retested monthly support
>ANTICIPATION FOR A RETEST OF MONTHLY SUPPORT 12000
>LEVEL OF RETEST IN CONFLUENCE WITH FIB RATIO 50%
.A RETEST OF THIS REGION WOULD BE A CLEAR FORMATION OF A HL ON H4 TIMEFRAME
