Price is on a ascending wedge pattern, signifying an overall bullish momentum, however we are expecting price to do a small retracement from the pivot in line with 61.8% Fibonacci projection and drop down towards the 1st support in line with 61.8% Fibonacci retracement and 127.2% Fibonacci projection.

Alternative Scenario:

Alternatively, price can push further up to the 1st Resistance in line with previous swing high

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