- We have a huge parallel channel on the daily chart. - Also inside this channel, we have a falling wedge - bullish reversal pattern. - If you take a look at RSI indicator, you can spot a bullish divergence with higher lows on the oscillator! - Due to my Elliott Wave count, we have finished an Impulse wave. - 0,618 FIB retracement is a strong SUPPORT and we are currently sitting on the level!
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