Is price on the UP?

Good Morning Dynamic Traders,

Hope you all had a great weekend, and a successful week last week.

IF you look at the day chart below, you will notice that price does seem to be on up. The MACD convergence I pointed out in my last update obviously had some part to play with the price increase. When I did my last update price was dropping, but you will notice that price fell to the RN which also happens to be at a previous support/resistance line. You will also notice that price dropped and hit the Fib breather bang on, then continued to climb.













What do you think price is doing now.

Happy Trading

Richard Monnery