Next major support at 57-60. Watch price action from there. Next big support on the upside around 75.
Comment:
On the daily timeframe we have a confirmed breakout of an ascending triangle with correction after, confirming signal for more upside. The volume on the last bullish wave is decreasing though, but might pick up again, since we have other strong signals and fundamentals implying at least to a price around 60.
Comment:
false breakout to the downside. Set for more upside after correction along upside of triangle now on hourly timeframe.
false breakout to the downside. Set for more upside after correction along upside of triangle now on hourly timeframe.