Comment:
We just hit the first point of resistance at 0.236 Fib. It is also a green 9 candle which is a sign of momentum exhaustion ON THE DAILY! If you are trading this on the daily, then this is where you take some profit, expect a correction of 1 to 4 days, giving you a chance to buy back, before it crosses the resistance upwards using the already-estabilshed weekly momentum.
Comment:
Also in a green 8 on the 12-hour