seems to be respecting the steep upward trend line
. Pushing hard on the lower bollinger band
. Has not retraced much and is a possibility of falling a little more to the 0.5 fib level. Tall upper wick at the end of a downward movement followed by a strong hammer
candle showing positive bullish
signs. USD fundamentals showing a bearish
sentiment and my MT4 stochastic
indicator is showing oversold on both the H4 and daily. What does everyone think?