will be an interesting pair to watch next week as the prices edges towards to the weekly trend line
which price has been respecting for around 8 weeks now. The weekly candle is a bullish engulfing
which shows that a lot of bulls have entered the market so it either go 2 ways. Price with either respect the trend line
and start moving to the downside or it'll break the trend line
, re test then go long.
The trend line
also lines up with the 61.8% fib for an extra confluence so I will be awaiting price action to show me the way!