couple things going on this chart but I see another 200points+ movement to the upside happening only if it breaks the Monthly high -
Previous monthly candle was bullish but intraday charts showing price is in consolidation so when certain breaks happen such as the monthly high - it will confirm bias to the upside but already have partial profits taken ..
Previous monthly candle was bullish but intraday charts showing price is in consolidation so when certain breaks happen such as the monthly high - it will confirm bias to the upside but already have partial profits taken ..