Price flipped important resistance Trendline. This TL changed to become strong support for the market.
Trade active
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We should keep our attention on the neckline zone, if break the price will have a decent rally towards our main target zone.
Trade closed: target reached
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Immediate target achieved
Trade closed: target reached
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The price has reached both the immediate and medium-term targets. We have now identified a potential cup and handle formation, with a new price target outlined on the chart. Enjoy the analysis, everyone!