Price just broke above a major resistance at 5293.20 with a very bullish candle as shown on the 4H timeframe. As of now, price is on a buildup forming higher lows which shows strength on the long side. Moreover, the 200-period MA starts to indicate an inclination upwards.
Note
Hit my TP (-0.27 Fib level) with an impulsive bullish candle on the Daily timeframe.
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