There still seems to be room for further upside here.
Now that price has secured a confirmed breakout above the range highs, a move toward filling the CME gap around $84k looks increasingly probable.
Price is already trading into higher timeframe resistance, but while the uptrend structure remains intact, there’s no strong reason to turn bearish yet.
My current plan is to wait for a retracement into the Golden Pocket alongside the CME gap fill, then monitor price action carefully from that area.
If we see a rejection there followed by acceptance back below the level, that would likely be my setup for one final swing short targeting the unswept lows beneath.
On the other hand, if bullish momentum stays strong and resistance gets reclaimed, the entire outlook shifts bullish, opening the path toward a potential $100k move.
If neither scenario develops and price rejects sooner than expected, I’ll wait for a confirmed break of structure before looking to catch the reversal. #USAndIranTradeShotInTheStraitOfHormuz #TrumpUnveilsPlanToEscortHormuzShips
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