💎 Paradisers, #AR has taken the liquidity of traders who acted on the M-pattern breakdown, but now that the price has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, we can anticipate a bullish move.
💎 If the price breaks above the resistance level, we can target the next resistance levels.
💎 In the event of a pullback, we can expect a bounce from the small support level.
💎 However, if the price breaks down below the small support, it will invalidate the bullish structure. In that case, it would be better to ignore it and wait for better price action to develop.