Building good support on 4h with ichimoku, EMAs etc.
Flipped recent high into support with some great sideways accumulation.
Could see
1. Break of the upward momentum and a re-test of that 48-50k zone. This would be healthy for the next leg up.
2. Continuation to 60k (longer timeframe fib level) - before easing up and retesting the growing ichimoku support.
** NOT TRADING OR FINANCIAL ADVICE **
Flipped recent high into support with some great sideways accumulation.
Could see
1. Break of the upward momentum and a re-test of that 48-50k zone. This would be healthy for the next leg up.
2. Continuation to 60k (longer timeframe fib level) - before easing up and retesting the growing ichimoku support.
** NOT TRADING OR FINANCIAL ADVICE **
