We broke through Zone 3 and the next wicked down to the previous supply zone (zone 3). I would consider this next candle as non confirmation to the upside due to the wick down. I would prefer to see a candle survive totally above the zone as confirmation. Full body with no wick would be A+. However a pull back is in store as we are over 70 on the rsi, but equally...
Major demand at the $500 level (zone 1). Pushed thru zone 2 now trading in zone 3. I expect some consolidation and a strong pullback to possibly back zone 2 before a continuation up to the upside.
