$BTW is holding above the breakout area after a very volatile expansion. Price ran from around 0.54 into the 0.7380 high, then saw a sharp rejection and bounce, leaving 0.644–0.65 as an important near-term area.
At 0.6797, the structure is still constructive, but the volatility is high and volume has surged. A reclaim of 0.697–0.70 could open another test of 0.738, while losing 0.644 would increase the risk of a deeper pullback toward 0.59.
At 0.6797, the structure is still constructive, but the volatility is high and volume has surged. A reclaim of 0.697–0.70 could open another test of 0.738, while losing 0.644 would increase the risk of a deeper pullback toward 0.59.