So far in weekly chart it's looking very bullish.. price action above Parabolic Sar dot indicate a bullish trend is in progress
if it's break 62%
expect a 68% become a next resistance.
On Daily Chart it's looking bullish though the parabolic sar dot is closing in the candle in a tight range + it's in a resistance area 62 %.
a huge risk to trend shifting if the candle closes below 60% and a high possibility of retracement in daily chart..
For vertical line is a hypothetical date for it's starting to take a retracement based on previous correction movement after it's top price/precentage.
you can look into detail in this
please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion.
and please feel free to share what your thought on comment section.
peace.
