Hi SoS. The yellow fork and it's warning lines (the dashed ones) have been reliable points where the price action has converged as you can see from the areas highlighted on the chart. So going by this, I think the second yellow warning line at around 19c is the next logical target for the price. The recovery from the Brexit selloff was strong and the price failed to touch the top yellow tyne which is normally a bullish indicator.
The green median line is also significant as it is the most recent fork based on timeframes and price was predictably rejected once on the median so this will be a point of resistance going forward. I see price therefore confined to between 19c - 21c between the second yellow warning line and the green median over the next few weeks.
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