BOND is gearing up for a potential bullish breakout! 🚀

9 Nis

💎 Paradisers, #BOND has recently exhibited notable market dynamics, showing signs of bullish reversal with CHoCH and the formation of an inverse head and shoulders pattern.

💎If the price breaks above the resistant level, it would confirm the bullish reversal pattern, potentially leading to targets being reached up to the next resistant level.

💎In the event of a pullback, we may anticipate a bounce from the demand level. However, it's advisable to wait for confirmation before entering any trades.

💎In the scenario where the price breaks down below the demand level, it may be considered bearish. However, given the overall bullish trend, it might be better to ignore such bearish signals for now and wait for clearer price action to form.