Bullish reversal with a gap to fill above

Updated from the earlier idea with adjusted fibs. Where the extension from March to recent monthly highs aligned, I used that fib as marked entry.

• Solid uptrend established
  
• Still oversold on the daily
  
• Entry near the fib especially after a successful backtest as support would be a solid entry.
  

First gap comes from a large space in which there was no candle closures since the gap down; this may not be a technical gap down but may have an impact on price action. The true gap is small and marked within. Either way, this should make a nice move upward through that space.

Trade chiuso: obiettivo raggiunto:

Finally got the move after a close above the fib in the gap, but fell back on market weakness and closed below. Will revisit on market strength.