Price is currently retesting the breakout zone after the first impulsive push upward. As long as this retest holds, the market has room to continue toward the next liquidity area. Stop-loss is placed below the recent higher low, maintaining a clean invalidation level for the setup.
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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.