Price is still moving in an uptrend after retesting the daily demand zone and it is currently close to tapping into the 45mins supply around $57.5. MACD is showing bullish momentum, RSI is bought and EMAs are turning bullish. We shall wait for confirmation once price taps into this area, and if no bearish confirmation is givin then it would be heading all the way up to the imbalance at $64.
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Disclaimer
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.