H4 - Price is bouncing higher from a strong support zone.
Multiple false breaks with bullish divergences.
Bullish convergence, most recent downtrend line breakout.
Until the strong support zone holds my view remains bullish here and I expect the price to continue higher further.
Not
The price action followed my analysis exactly as I expected it to here. After the bullish convergence and the most recent downtrend line breakout we had a pullback but the price was holding above the strong support zone. The price then moved higher further and delivered an excellent move to the upside!
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