Based on the move up, resistance should have been met at the 16.59 level according to previous waves resistance back in April and May.
As you can see, we broke right through that, now showing support in the 100% retracement level. Holding the $17 level is important for this to touch the 24.34 level again
As you can see, we broke right through that, now showing support in the 100% retracement level. Holding the $17 level is important for this to touch the 24.34 level again