The entire 2023 was in a consolidation mode as labelled by the black rectangle. Price swept the lows that was created on the 10th July 2023, precisely on the 3rd Quarter of the year. In the same quarter, price broke to the upside to confirm it's bullish tendency.
Price then retraces into the Discount Monthly Bullish Breaker Block, that is where I am expecting bullish rally to occur before it finally reaches my primary target 115
Also, I am still bearish on the daily timeframe, but heavily Bullish on the long run
Price then retraces into the Discount Monthly Bullish Breaker Block, that is where I am expecting bullish rally to occur before it finally reaches my primary target 115
Also, I am still bearish on the daily timeframe, but heavily Bullish on the long run
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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.