€$ reaction Line bottleneck.........continued

€$ 1716hrs eurotime..Price is now bang on the confluence of the green UMLP and the RL from a ML set from a higher TF. Personally even though price has been making lower highs and lower lows until this morning i think we are now going higher but we must retrace from these levels but perhaps under 50%......back to the 12890-1.2900 level only but more likely a important RL at 1.2865 which would be bang on 50% of this recent move upwards today.