Price is within a SR zone looking bullish to break. Slight retracement into Daily demand with a bounce off of demand and bullish trendline.
Bullish engulfing off the bounce on higher time. Smaller time frame shows CHOCH with a possible bullish shift as price rejects the 61.8 on fib of the bullish leg.
Aiming for monthly zill zone which is between the -27 to -61.8 extension fib off the monthly bullish candle.
Bullish engulfing off the bounce on higher time. Smaller time frame shows CHOCH with a possible bullish shift as price rejects the 61.8 on fib of the bullish leg.
Aiming for monthly zill zone which is between the -27 to -61.8 extension fib off the monthly bullish candle.
Trade closed: target reached:
Took a while but reached target