Okay here I feel quite positive about this analysis, for a number of reasons; We have the RSI Divergence here on waves 3 and 5, which is one of my favourite indicators especially for the buyers. Now we also have on the RSI, the blue line at 50.00 , that is also one of my demand zone / level signals. Whilst on the chart, the RSI says we just got out of a good demand zone at between 50.00-60.00 Fib levels, these are all indications that support my analysis herewith. Good luck in making use of this.
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