So it seems that my last idea turned out to end up as a fake out after all, if this pattern repeats like before, we should see the next move in about 12 days.
Comment:
Daily Stoch has crossed recently giving us a good indication of positive price action similar to before (look at my solid blue vertical lines), RSI is also approaching crossing the EMA 13. It sure looks BULLISH. Next 3 or so days will be when the action plays out, I'm putting my money on the green team with the expectation of challenging FIB 0.618 for the third time in a bit longer time.
