This bullish scenario is expected while I see some essential factors supporting it! ----------------------------- 1.DXY (Dollar Currency Index) Seems it has completed the wave (5) while has touched the recent resistance area in weekly time frame. (DXY downtrend = Market uptrend) ----------------------------- 2.TOTAL Based on the price action method, Total has made an invalidated LL and converted the whole trend from downtrend to uptrend! And now is on a powerful demand area. ----------------------------- 3.BTCDOWN BTCDOWN has been involved with an empowered supply zone. (BTCDOWN downtrend = Market uptrend) -----------------------------
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