looking at the 4hr time frame we can see a bullish doji star forming indicating indecision and could show a potential reversal. The retractment on the 4hr timeframe has hit the 0.5 fib location which has formed dis doji star which a good sign of reversal. As we can see we broke a key level of the market and headed back into this zone for a retest we can see we had a good high on the doji candle stick and we ended bullish on closure some may wait for 1 or 2 more candle sticks that are bullish for confirmation. Use good risk management and enjoy trading this week!
THE RSI INDICATOR Shows divergance there is a high high and higher low but the rsi indicate shows high high and high high in the over bough region which bough price down