Price broke the black descending channel, in an impulsive (motive) wave, which I´m labeling 1 or A.
There is also bullish divergence present in the March low.
Corrections for 2/B are buying opportunities.
There is very strong resistance just above 4.50, (gray area).
There is also bullish divergence present in the March low.
Corrections for 2/B are buying opportunities.
There is very strong resistance just above 4.50, (gray area).
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