Bounce from 78.6 fibs & also previous resistance which becomes support
it should head towards 50% retrace line & hopefully brake it eventually.
Very bullish on Nickel in coming weeks/months/years due to EV battery metals rise
Nickel could be at the start of a trend reversal.
Double bottom pattern started in June 2015 and is now complete
Next step is to break 200 EMA resistance, which is already being tested.