The price structure shows a clear trend shift, indicating that momentum has changed direction. After this structure change, the chart suggests that the rally may continue based on current price behavior and follow-through. This idea focuses only on observing trend transition and continuation through price action.
Focused on educating and creating awareness through clear, structured market insights and price-action understanding.
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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.
Focused on educating and creating awareness through clear, structured market insights and price-action understanding.
Related publications
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.