Traders,
Rounded bottom/accumulation at the bottom of the range at the Fibonacci extension expiry level. This shows the
investors have clearly acknowledged this level and it is very likely that upside will be seen from this level whether
that is via a corrective or an impulse leg. Nice candlesticks here in the range, showing bulls versus bears, with bulls
consistently taking the upper hand.
Rounded bottom/accumulation at the bottom of the range at the Fibonacci extension expiry level. This shows the
investors have clearly acknowledged this level and it is very likely that upside will be seen from this level whether
that is via a corrective or an impulse leg. Nice candlesticks here in the range, showing bulls versus bears, with bulls
consistently taking the upper hand.
