Correction on 1W completed. Medium term uptrend. Long.

Since the last report, the price pulled back after the 1D Rising Wedge exhausted. Technically the correction on the 1W Channel Up is completed (at 63.50) and already the price has crossed (marginally) the 0.618 Fibonacci retracement level (69.23). 4H has developed a Channel Up (RSI = 61.796, Highs/Lows = 0.6614, B/BP = 1.300, MACD = 0.770) which will serve as the initial mechanism for this medium term bullish reversal. We are buying with first TP = 70.52, second TP = 71.88.