Now it's almost reached a point of resistance. This resistance is the convergence of various points - previous support, the 0,5 fib level.
is bouncing around on an uptrend and looking for separation. The however, is looking great up up up! Not sure how long it will last or if we get through resistance. But I am mostly positive on this chart!
Predictions? If we get over that level of resistance we could possibly be forming a small . It looks like we'll go up, get stopped for a bit fall on the then UP!
Not a financial advisor, nor financial advice.
Best of luck,