NU has made a clear push past the daily TL and has now come back to retest it which could give us a great opportunity to buy. We can see a series of HHs&HLs. Even though it just failed to touch the .61 Fib level starting from the daily wick on 3 Jan, a daily spinning top is clear to see. Taking it down to the 2H TF, we can also see a H&S pattern that has already been formed.
I will wait for further bullish movement to confirm my analysis. Must stay vigilant since bearish engulfing candle has been formed in previous week. A bullish daily close above 0.67500 should be significant enough for bulls to take over.
I will wait for further bullish movement to confirm my analysis. Must stay vigilant since bearish engulfing candle has been formed in previous week. A bullish daily close above 0.67500 should be significant enough for bulls to take over.