Price broke structure (BOS) after forming a higher low at support, triggering a strong bullish rally into premium zones. Multiple targets were met before showing signs of exhaustion near resistance. Current zone could attract profit-taking or a pullback unless buyers reclaim momentum with volume confirmation. Sentiment remains bullish across timeframes—watch for continuation or reversal cues.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.