Two day's ago we had a higher high candle close (the candle which got a close above $8,000), a few hours ago we got a higher high candle close on the 1H.
This 1H candle was pretty powerful and the buyers pushed it straight through the blue counter trendline (down-trendline). Yesterday, I said that those two blue trendlines make a Triangle chart pattern. Triangle chart pattern has breakout opportunities to either direction and currently, we have upwards breakout confirmed on the 1H and on the 4H timeframes.
That's why I think we might see a small push upwards. I said small push because of the higher timeframe bearish sign, remember my last idea post, the last Weekly candle close gave us a really powerful bearish candlestick pattern called Evening Star but currently, we have a pretty good short-term buy setup.
If the market makers don't start to ruin some current action then we might see something like this:
The trade becomes invalid if the price starts to fall below the lower blue trendline .
The first target area should stay around $8,200
The second target should stay around $8,500
Do your own research and if it matches with mine idea post then you should be ready to go!