- Price is comfortably above the 7‑day and 25‑day moving averages, giving a solid support zone near 3,997.
- Higher highs and higher lows (HH=21, LL=12) plus a bullish 10‑bar trend confirm sustained momentum.
- Resistance at 4,689 offers a tight risk‑reward: buying around 4,642.18 with a stop below 3,996.65 and targeting 4,689 for a 1.2:1 payoff.
- Higher highs and higher lows (HH=21, LL=12) plus a bullish 10‑bar trend confirm sustained momentum.
- Resistance at 4,689 offers a tight risk‑reward: buying around 4,642.18 with a stop below 3,996.65 and targeting 4,689 for a 1.2:1 payoff.
