Hello Traders
As you can see price is in an uptrend that the trend line acted 4 times as a support zone and now its showing us a long wick rejection on trend line + 50 Fib Zone That can be a good sign of bullish pressure . In My Opinion price can go all the way up until Tp1 , and i will use lower time frames to find an entry.
Comment if you feel it doesnt make sense.