So far still looking okay. Since last week's analysis, it chose...

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