Price is now consolidating right below a key breakout zone, showing strength with a series of bullish candles and stable volume. If this consolidation holds, a continuation toward the next major resistance becomes highly probable. The stop-loss is placed below the recent demand zone to protect against a failed breakout. The setup targets a trend-extension move aligned with the broader bullish recovery structure.
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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.
