Noticed this demand area;
Before it reacted strongly and pushed the prices upward.
The fibonacci show us a 70.5% level.
So, I expect the price creating a nice rally since the actual Asian session, after the first H1 candle closing bullish.
Simply as that.
- The previous Monthly candle closed bullish and created a support around 135.000
Actually it has broken the previous candle high, so I am expecting to continue upward until 142.000 (next monthly resistance).
There, at the level of 142.000, there is the last candle before the big drop of march 2020, after the Corona virus pandemic;
the price hit that...