Price is now at a decision point (Uptrend line) where im watching for a break & retest or a bounce to the upside, as it looks like price is sitting on the 50% fib as well. Will need extra confirmation because the 50 fib is not always 100% accurate..
Note
price is still making higher highs & lows, so im leaning more to a bounce being likelyNote
the way its looking so far we could get a break.. A bit more waiting to go should be ready by London session tonightNote
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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.