hellotrader,… watch this closely,…
just printed a sharp expansion leg from the local base, followed by a brief pause right above the reclaimed zone,… this spike isn’t random, it’s a clear momentum push, and the current slowdown is price absorbing supply,… that long wick shows quick profit taking, but the body structure still holds firm,…
as long as price stays above the reclaimed area and doesn’t fade back into the previous range, this move remains corrective, not bearish,… buyers already showed intent with strength, now the market is testing resolve and patience,…
followers,… don’t chase the impulse,… let price confirm acceptance and stability first,… this consolidation phase will decide continuation or a deeper reset,… stay disciplined, manage risk tightly, and let structure do the talking,…