Price moved within a clean descending channel and eventually broke out with momentum. After forming a strong reversal candle near previous support, a long position was considered. Volume increase confirms potential buyer interest. Setup aims for upper imbalance / liquidity zones. Chart shown on 15-minute timeframe.
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Trade closed: target reached
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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.