Good day!
It is only 4:40 AM right now (well when I started to write this
), so market is very calm right now.
Anyway, we may analyze what we have, and some things are clear even now.
Ok, the 1st thing is Pivot Point -
here I explained a little about it.
Price didn't manage to break it twice and after a bounce it came into a flat.
Also I want you to mention this divergence, marked with magenta lines.
All these things stand for ascending movement. I will watch the movement by these flat levels, that I marked out, by the Pivot Point and the closest support and resistance levels.
All MAs now are gathering at the price's location, it the sign of a strong movement. And at last, if you'll have a look on M30, you'll see that on this TF we can watch the price also by 233 MA, that is just a little higher.
For now it is all.
Best Regards and good luck to you!
Anthony Schneider.
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