OPUSD one last High left. Next opportunity upon a pull-back.

Optimism (OPUSD) broke above its All Time High Resistance of 2.32500 as well as the 2.0 Fibonacci level of the Channel Up that is being formed. Since the Resistance broke, the Channel Up has the technical capability to make a Higher High on the next available Fib at 2.5. The increasingly overbought levels don't render it a buy opportunity beyond that level.

Best strategy involves entering on the next pull-back wave. Potential targets the cluster of the (green) Support Zone, the 1D MA50 (blue trend-line) and the RSI Buy Zone. The upside potential is enormous on this gem and our long-term target is 3.400.

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