I am watching this move closely, and the momentum that is currently building deserves your attention.
Despite that strong trend, $BARD is still holding firm above the breakout zone, showing that buyers are not backing down just yet.
The strong run-up after a solid consolidation just below the 1.09 rejection suggests that bulls are absorbing selling pressure, which often signals continuation rather than reversal. As long as the price remains above the 1.03-1.05 support shelf, the structure remains bullish and another push higher seems very likely.
Trade Setup
Entry Range: 1.0450 – 1.0550
Target 1: 1.0780
Target 2: 1.0920
Target 3: 1.1100
Stop Loss: 1.0280
Short-term Outlook:
The market is currently strongly bullish, but a loss of 1.03 support will turn the momentum towards a deeper pullback.
BARD
0.7957
-5.72%
