While buyers are showing dominance here, we are looking for a possible move to 70K now.
Our previous fakeout move has turned into a full breakout and formation of potential CHoCH.
Now we are looking for a nice breakout to happen and a successful re-test to follow up, which would result in a good upward movement from here.
Now remember, if we do not form a clean CHoCH, then we will most likely see an early rejection so eyes wide open!
Swallow Team
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