A strong source of movement has been tapped, and the lower liquidity pools have been swept clean. The price has encountered an important demand zone. In the upper part of the chart, there are no strong order blocks visible, and the price has already dropped significantly, giving a prolonged corrective phase. It is susceptible to a bullish move.
The targets are marked on the chart.
A 4-hour candle close below the invalidation level would invalidate this analysis.
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Feragatname
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