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After this major shake and movement toward the lower end of the final oscillation range, if we see confirmation of an upward move, I expect a potential upward reversal. The price may initially move toward the 0.2330 level, and if this level is broken, it could rise further toward the 0.3242 and 0.3548 levels.
- However, if the price loses the 0.0968–0.0901 support zone and closes below 0.0593, the structure becomes extremely bearish, and a new downward move may begin.
- For setting up a long position: Around the current levels, or after a retest of the 0.0968–0.1400 levels, wait for a bullish pin bar, engulfing candle, or bullish momentum candle on the 8-hour or lower time frame.
- To manage risk, place your stop-loss at a swing low below the confirmation candle or just below 0.0901.
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ARIA $ARIA
Alfa
0.093669
-19.29%