As posted on the previous idea we are ranging in a tight range. as per history price can retrace back to 6377 since every pump we retraced back in a ratio of 1.1. if price can consolidate in the blue zone and defend 6390 I expect we go to 6500 levels.
Note
Fib wise we retraced too much so high probability price won't get defended at 6390 and we do the full 1.1 retrace Note
price is on ema's but some cloud ressistance up ahead and price below tendon and kijun on the 1hr and 4hr. Note
Divergence on cmf and OBV 4hr Note
also RSI div on 1hr Note
Note
We made an other 1.1 retrace I don't know what causes this and why it is reacting this way but it looks really mechanical 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.