Trend: Price made a strong bullish move into a resistance/supply zone.
Resistance: The red zone shows a key supply area where sellers have entered.
Entry: A sell position is planned after rejection from resistance.
Stop Loss: Above the recent swing high/supply zone to protect against a breakout.
Take Profit: Around 4044, targeting the next support area with a favorable risk-to-reward ratio.
Bias: Bearish, as long as price remains below the resistance zone.
Resistance: The red zone shows a key supply area where sellers have entered.
Entry: A sell position is planned after rejection from resistance.
Stop Loss: Above the recent swing high/supply zone to protect against a breakout.
Take Profit: Around 4044, targeting the next support area with a favorable risk-to-reward ratio.
Bias: Bearish, as long as price remains below the resistance zone.
Trade closed: target reached
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