We can see strength back to the upside which is currently creating a small consolidating pattern or buildup accompanied by the 21 MA at the last bearish anchor a breakout out above the anchor area plus a good pattern which is probably visible on the 15mins TF would confirm the bullish move however the H4 TF consolidation confirms the formation of the ABC and makes...
This is a confirmed rejection zones, price has been rejecting the listed zones
1. 1.618 trend based fibonacci (ultimate take profit zone)
2. upper trendline of raising wedge on 4 hour Time frame
3. key zone on daily time frame
These zone are strongly corresponding but for price to properly reject each zones we might have a false breakout from daily time frame key...
