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The chart reveals a classic symmetrical triangle pattern, where the price is consolidating and narrowing toward the apex. This setup suggests that the market is building energy for its next significant move.
Upper Breakout Zone: A break above the top trendline could signal the start of a bullish surge.
Lower Breakdown Zone: A fall below the bottom trendline might unleash bearish momentum.
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Liquidity Magnet: The $113 Target in Focus
Liquidity acts as the market's magnet, drawing price action toward zones of dense activity. In the context of the prevailing downtrend, all signs point to a pull toward the liquidity pocket around $113 a prime destination for price discovery in this phase of the market.
Signal Type : long
Entry: 111.88 or market price
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1st Tp: 112.98
2nd Tp: 114.21
3rd Tp : 115.43
sl :108.52
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