we've had long term consolidation with a clear box range between our 50.0% and 61.8% fib region with multiple bounces off a weekly TL with no success in breaking below and closing below to validate further downside momentum. Instead we have validated the bullish trend
that was initiated a few weekly candles back(start of TL)...with the RSI
indicating an up-build of strength, we have various daily resistance levels to break past, but seems more likely to occur as this weeks candle is a beautiful bullish
rally from a 3pin- 3 week- 3 weak (attempts to push lower) reversal candle formation...