The price made a pullback to the support zone but it bounced back with a big engulfing reflective candle confirming the strength of the support.
Now it is a good time to buy because it has already tested the first fibo level and bounced upwards.
RSI level is near the oversold zone without making any rupture so it will continue the upward trend
Let me know what you think!
Now it is a good time to buy because it has already tested the first fibo level and bounced upwards.
RSI level is near the oversold zone without making any rupture so it will continue the upward trend
Let me know what you think!