Hi everyone and welcome to our profile, today we will be forecasting a potential further bullish movement of this interesting market.
Let's start with a quick top down analysis:
In HTF the market reached and double topped with its previous swing, which is the first clue of a potential market reverse.
in LTF we can count several confluences in line with the overall bias, the market is moving inside a clear descending channel and it broke to the upside with a sharp bullish impulse, breaking the main structure and currently correcting with a high probability to see a further upside movement.
sincerely,
Cybernetics Trading Lab Team