Let's start with the Weekly chart:
Here we can observe a Huge ( FakeOut of the ). The movement happened on the Previous All-time High zone (working as a )
From a Weekly perspective, we can define a target of 1700 if the pressure keeps coming.
Now we will pay attention to the 4HS chart
-Our main structure is the ; the movement found support on the previous (1840).
-We expect the price to correct on this level with similar proportions to the one that happened before (check the green arrow)
-If that happens and we can define a clear pattern, we think that the breakout of it will mean a confirmation for the movement towards the Weekly Target at 1700
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