Hows this for freaky retrace level peeps. Amazing.
My best guess atm is that the price action has set the short term trading range it'll trade within. Will have to see how to chops around next week but a break of levels above will be a big tick for the bull case and vice versa.
Worth noting price has clearly respected the 61fib retracement which I think is very important for the longer term bull case. This level is a big sign if trend is to continue in the future. You couldn't get it more precise if you had it under a microscope =).
Enjoy your wkend. It'll be a big May.
MK.
Chart, page-18496
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