Just a brief update Daily, nothing or major concern other than...

Just a brief update

Daily, nothing or major concern other than the lack of a decent retrace yet.
Hourly - we touched the 138.2% fib at 0.460 and bounced. To be expected with a key fib level, even on a short term fib. We have a convincing bounce off the major fib at 0.425 after the breakout. Target is now 0.485 and could easily see this tomorrow. Be aware that that if we don't print higher bars on the MACD we will have bearish divergence.


15min gives us the best picture. Green w5 has bounced off the yellow e21 and we have bullish divergence confirmed ready to push higher.


If I had to make a call I'd suggest that we will have a good morning session followed by a bounce/retrace after touching the 161.8% fib