Market current trend is uptrend. For price action kindly check Fibbo levels. Possibility of market rangebound. Overall market trend is bullish.
A possible breakout is expected once the price breaks through a key trendline. This strategy focuses on identifying significant trendlines formed by price highs or lows. When the price breaches this trendline, it could signal a change in market direction, indicating a potential breakout. Traders should monitor volume and other indicators to confirm the breakout's...