Previous day candle stick close with a strong bullish candle signaling that the uptrend has begin after a long time consolidation, price now break a key level resistance with a strong bullish can on 4h and H1, price is currently making retest of the previous resistance turn support on both H4 and H1, using fib retracement you see that price is currently on 50% level on fib, which is another strong level of resistance