H4
The market here is not back in trend…the market here is redefining it. After exiting the descending channel, the price began to build a clear ascending structure within the new channel, currently located directly at 48,130. This level is not a normal resistance level but the final test point after the transition from decline to rise.

What’s remarkable is not the level achieved… but the means by which it was achieved. The rise is not random but organized, with a clear bottom for the rise and continued stability within the channel, and with each attempt downward we see a quick rejection and return to the rise. This behavior does not indicate weakness, but rather reflects that the market is no longer accepting low prices.

Now the price is not strongly rejecting 48,130, but is directly below it, which is the most dangerous thing in the chart, because when the market holds on to resistance and does not move away from it, it does not respect it… but consumes it. This means that we are not looking at a top, but rather a pre-breakout phase.

As long as the price holds at 47,000 – 47,400 as the bottom line within the channel, we are not talking about a pullback but rather a hold in the uptrend, any clear break above 48,130 and holding there would be more than just a breakout, but a freeing from the last hurdle, pushing the price straight towards 49,000, then 50,000, to 52,000, which is the upper liquidity zone shown above.

As for the other situation, not only the breakthrough fails, but also the balance is lost. This situation will only occur if it breaks through 47,000 points and then falls below 46,245 points. At this time, the behavior will shift from construction to callback, and the market may return to 45,700 points and then back to 45,000 points, which is the previous demand area.

Buying can be done after a breakout of 48,130 and holding above it, or after a retest of 47,400 – 47,000 with clear reversionary behavior. As for selling, this should only be considered after a true breakout of the structure, as selling now means you are in front of a trend trying to continue.

Control Academy🔱
The market goes up not because it’s strong… but because no one is selling it anymore. 48,130 is not resistance…but a pass, and 47,000 is not support…but a survival line. What is between them is not an opportunity, but a test. The next move will not be slow… but decisive.

Mohammad Halawani 🔱
WARNING: Trading carries a high level of risk and may result in the loss of funds. This is my own style of analysis and not general financial advice. The decision lies with you.

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