Description
⋅ After a clear downtrend the price has started to make a series of HH, HL
Now is retracing to the trendline to reach new highs.
We have also:
- bullish hidden divergence on AO
- AB=CD pattern (purple line)
- 0.61 fib retracement
Target 1: last high
Target 2: 1.27 fib extension
Target 3. 161 fib extenson
Best regards