Price currently in correction phase, waiting for price rejection within the significant zone, and follow the bullish trend
Head and shoulders formation on the weekly might signal strong bearish sentiments in weeks ahead, look out for more sell opportunities, patiently waiting for the price to break the current zone and close below.
As anticipated price bounced of the golden ratio area, a gave us a nice buy momentum, targeting the previous highs.
Price is currently on the correction phase, giving out sell opportunities, but we are now within the golden ratio, time to lookout for those buy signals, noting that overall trend is bullish