At the moment we see a pattern forming on the 4H chart of INDEX:ETHUSD.
If the price consolidates below $2 873, the potential targets for the price movement will be $2 787 and $2 724.
If the price consolidates above $3 037, the potential price targets will be $3 395 and $3 589.
Trade closed: target reached
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After price consolidation above the level of $3 037, there was a retest of this level, after which the price reached the first target of $3 211💪 Waiting for the model to continue to evolve🤔