The rate it is pressuring the confluence area formed at the intersection between the upper median line (uml) with the upside 50% Fibonacci line. A valid breakout through the confluence area will accelerate the upside movement.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
