Natty has reached the lows of Feb - 23 and has retested with some bullish intent.
There's also Bullish Divergence on various timeframes inc. Daily, 4hr, 2hr, 1hr as well as a Monthly on if it holds at these levels for a couple of months, from which we could see a major move up.
Taking the 0.618 fib levels as TP which also retest a previous support level.
Following this bullish move I expect at least a double bottom before going back up again.
There's also Bullish Divergence on various timeframes inc. Daily, 4hr, 2hr, 1hr as well as a Monthly on if it holds at these levels for a couple of months, from which we could see a major move up.
Taking the 0.618 fib levels as TP which also retest a previous support level.
Following this bullish move I expect at least a double bottom before going back up again.
Comment:
Daily Bullish RSI Divergence -
