I am looking on these zones carefully. On each of these zones a bounce may occur. At the moment we are sitting on the golden ratio of Fib retrace. The MA 200 is holding so far. Does the market have enough power to close as engulfing in 4H TF ? Let's watch!
Note
Daily ATR (Average True Range) is holding in green as support since the beginning of this reversal till this bull market :
Note
Do we get a confirmation with the next daily green candle ? We shall see.
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