$MUBARAK Ahead of a decisive move on the 45-minute timeframe, the price is currently inside a range between 0.04229 and 0.04702.
For me, the direction will be determined after a breakout from this range:
📈 Bullish scenario:
A break of 0.04702 and holding above it opens the way toward:
0.04893 → 0.05001 → 0.05107
📉 Bearish scenario:
A break of 0.04229 and a close below it places the price in front of:
0.04121 → 0.04002 → 0.03895
The final zone is important for me because it coincides with an FVG and prior liquidity.
Right now, 0.04702 is the key level for upside, and 0.04229 is the key level for downside. A real breakout of one of them is what will decide the next path.
For me, the direction will be determined after a breakout from this range:
📈 Bullish scenario:
A break of 0.04702 and holding above it opens the way toward:
0.04893 → 0.05001 → 0.05107
📉 Bearish scenario:
A break of 0.04229 and a close below it places the price in front of:
0.04121 → 0.04002 → 0.03895
The final zone is important for me because it coincides with an FVG and prior liquidity.
Right now, 0.04702 is the key level for upside, and 0.04229 is the key level for downside. A real breakout of one of them is what will decide the next path.
