We are currently at the point of intrest, at the 200EMA on the 4hr chart. A test of the 200EMA is mandatory, are we going to bounce back to the downside from that point on, or are we going to take the liquidity pool at 19200USD.
In case of a clear conviction to the upside and a strong close above the 200EMA, we will most likeley see a run to the 19200 Zone.
Another indication for a possible accumulation zone ist that we have 3 Pins to the Low and formed an Inverse Head and Shoulders.
When the NYSE has opened we should see the intentions of the market.