ANOTHER IMPULSIVE WAVE

2019-12-19 17:18:52

From what we have been able to see price do on the daily time frame, we can very easily tell that price is bullish. With that being said looking at the 4 H time frame, i have been able to identify one major impulsive move to the upside, we have all seen the retracement and price has now found confluence within the 61.8 and the 78.6 area on the fib, also we have a market pattern which is not too obvious and lastly we can also see the third bounce on the fib.

So three major confluences indicating to us that price is going to move to the upside next.