5c party, page-220

So far still looking okay.

Since last week's analysis, it chose to start playing out the more likely scenario, the retrace , from candle (1 ). It is essential in any sustainable run given the steep rise recently anyhow

Candle (3) is a clear test for supply and managed to fill the gap and most importantly closed above 2.9c and near the open to form a Wyckoff spring.

Next move in the next candle or two,..will likely challenge that red dotted trend line (4 in blue circle) . If successful.. should be a trigger to then challenge that highlighted red supply zone again from 3.6c-3.9c.

If unsuccessful ( at 4 in blue circle) , Ideally..I would like to see it not go lower than that green line at 2.9c from here.. and definitely don't want it under 2.7c.

Goodluck