Price recently retested the lows, with price unable to stay below support on the retest.
Having broken above the previous consolidation area, I will be watching for signs of bullishness between the 38.2 - 61.8 Fibonacci levels (see chart), if the current retracement gets any lower.
Having broken above the previous consolidation area, I will be watching for signs of bullishness between the 38.2 - 61.8 Fibonacci levels (see chart), if the current retracement gets any lower.