Trendline Retest Supporting Bullish Continuation

Apr 17

Price is reacting around the trendline after a strong impulsive move, with a potential higher low forming near the support zone. As long as this area holds, the structure favors continuation toward the marked targets, with 1st TP near 4,917 and overall target around 4,970.

Confirmation is key — look for bullish price action or lower timeframe strength before considering continuation, while a clean break below the support would invalidate the setup.

Apr 18

Trade active

Price is currently reacting around the highlighted trendline area after the recent impulse. The structure still appears intact, with price attempting to hold above the key zone.
If this level continues to act as support, it may allow further upside exploration toward the marked areas. However, any sustained move below the zone could weaken the current structure.
As always, waiting for clear price action confirmation can help in understanding the next direction.

Apr 20

Trade closed: target reached

Price is currently consolidating just below the trendline after a strong upward move. The overall structure remains constructive, with price attempting to stabilize above the recent support zone.
A sustained hold in this area may keep the structure intact and allow further upside exploration toward the highlighted levels. On the other hand, a deeper pullback below the support zone could shift short-term momentum.
As always, observing price behavior and waiting for confirmation can provide better clarity on the next move.