3.45-4.8 IF but more retracement first

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Expecting a move upward to 3.45 again, and even a move all the way up to 4.8 again on strong staying demand, but a break upside 3. on maintained signs of strength would need to be made as a sign that it is in fact moving to upward zones. As for what I expect before it, IS A TESTING OF LOWER ZONES AGAIN AROUND 2.30-2.60, and weakening supply signs there would be good to initiate buy entries.

Unless it breaks under 2.30 on heavy supply, I do no consider any further long term drop for now.


Interesting regarding the reactions, as it is visible on the 4 hours.


Daily
As for the last 3 days particularly


Weekly


Monthly

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