The mini median line will continue to pull prices up only to be halted by the upsloping purple sliding parallel.
Expect some retracement downwards towards the U-MLH but we see a nice pin-bar straddling on the mml.
If price breaks above pin-bar, it is "onward christian soldiers!...". If not, it will find support on U-MLH before a another push up.
It is at a critical juncture so let's see how it behaves.
Tricky to long at the moment as Reward to Risk Ratio is low.
Expect some retracement downwards towards the U-MLH but we see a nice pin-bar straddling on the mml.
If price breaks above pin-bar, it is "onward christian soldiers!...". If not, it will find support on U-MLH before a another push up.
It is at a critical juncture so let's see how it behaves.
Tricky to long at the moment as Reward to Risk Ratio is low.