U can see in LTF (4H chart) how the price respect and reacted with 0.786 fib resistance , POC line and the upper side of the symmetrical triangle
Those 3 levels are gathering in a green rectangular which we called "confluence zone"
U can see many times of breakout this green rectangular ... always with huge candle..( Check it i highlighted with red circle).
According to those data we expect price will touch 0.618 fib level or closing below it(fake breakout)
Then continuation a bullish te get a new ATH as shown with Elliot wave
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