I consider current trading range as an accumulation, since we already have a possible phase C with a Spring event and, even more, we've done a commit above the resistance.
Now we can expect a test of demand near the previous resistance level, which has become a support level. If we'd do it, so we can expect a further up movement.
Let's wait for the next three candles.
Now we can expect a test of demand near the previous resistance level, which has become a support level. If we'd do it, so we can expect a further up movement.
Let's wait for the next three candles.
Comment:
just updated the chart
