RSI (not shown in the chart) has come off the which is good, bounced off 50% FIBO and pulling towards the recent high at 30.5c + On Balance Volume showing a nice steady increase. Volume on the down days minimal which i gather is a good sign? No great selling.
Just a matter of time before we close at 30.5c...thats the easy one. What happens after that is anyones guess.
My guess is that we go hard then come back to around 27.5c then have another go.
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