As per my previous fib retracement analysis we are now at the 43,633 level (yellow line). We closed above briefly on the 1-Hour chart, then retraced slightly now looking to retest.
Once we have a clean move above this level, we may potentially head up to 47k quickly - we can see less trading volume between here, when compared to previous areas of resistance.
Ideally I'd like to see a bit more work at these levels first, followed by a high momentum push to the upside.
This move could be big - good luck!
Once we have a clean move above this level, we may potentially head up to 47k quickly - we can see less trading volume between here, when compared to previous areas of resistance.
Ideally I'd like to see a bit more work at these levels first, followed by a high momentum push to the upside.
This move could be big - good luck!
0x4a42
