The price has been bouncing off a rather strong rising support for a few days now. It has now touched the indicated first resistance, which is now a decision zone for the next move.
Should we see a break above, I am looking for a move towards the next resistance. If the resistance holds, looking for a bearish move towards the previously mentioned rising support, and a bounce towards yet another retest of the resistance.
Should we see a break above, I am looking for a move towards the next resistance. If the resistance holds, looking for a bearish move towards the previously mentioned rising support, and a bounce towards yet another retest of the resistance.