Hello dear Traders or Investors
Price has been in this nice upwards trend for a while now. We've seen price create higher highs and higher lows whilst also respecting an upwards trendline. We recently broke past a maior level of resistance and we're now coming back to this area to retest it for support and we expect that this level will hold and buyers will step in. We've got other confluences factors as well which all line up and agree with our idea, like the 61.8% fib level touch which we expect buyers to be sat at wanting to hold and push price higher.
We've also got the upwards trendline which has been respected multiple times before and has shown us that buyers are sat at this area wanting to push price up, so we expect that
Price has been in this nice upwards trend for a while now. We've seen price create higher highs and higher lows whilst also respecting an upwards trendline. We recently broke past a maior level of resistance and we're now coming back to this area to retest it for support and we expect that this level will hold and buyers will step in. We've got other confluences factors as well which all line up and agree with our idea, like the 61.8% fib level touch which we expect buyers to be sat at wanting to hold and push price higher.
We've also got the upwards trendline which has been respected multiple times before and has shown us that buyers are sat at this area wanting to push price up, so we expect that