A steady uptrend is visually clearly visible.
The price is in the , indicating a local correction.
is near the oversold level.
We recommend buying when the reaches the oversold level, as well as at the Fibonacci level of 61.8%
The price is below the , forming new lows for local correction of the H4 timeframe.
The is near the oversold level, indicating a near end to the downward movement.
We have identified local correction for H4 and recommend buying when the oversold level is reached, as well as from key Fibonacci levels of 38.2% and 23.6%.