The chart clearly shows higher highs (HHs) and higher lows (HLs), indicating strong price action. We’re currently retesting a broken resistance level on the H4 timeframe. If we hold this level, there’s a strong chance of trend continuation.
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Perfect reaction so far.
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For a potential re-entry, look for confirmation of a reversal around the 1.24 or 1.12 levels. I’m closely monitoring for a new trigger signal.