Price previously was following a downtrend, making lower lows & highs. This previous week, price broke out of the downtrend structure to the upside to make a new higher high, & has pulled back towards the previous area of resistance structure, now forming a new potential higher low, where this upcoming week I will be watching for a bullish reaction back to the upside to continue the new uptrend for a potential higher high into the resistance zone above.
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