$AR 4H | Expansion after long base



Long consolidation between ~1.50 – 1.80 finally broke.
Clean impulse straight into 2.30+ before rejection.

That’s a classic liquidity grab into supply.

Now price pulled back but holding above prior range.

This is where continuation or full rejection gets decided.

Key levels
Resistance: 2.25 – 2.30
Support: 2.00 – 2.05
Invalidation: 1.90

Trade plan

Long setup (preferred):
Entry: 2.00 – 2.05 (hold of support)
SL: below 1.90
TP: 2.30 → 2.55

Alternative short (if weakness):
Entry: rejection near 2.25
SL: above 2.35
TP: 2.05

Strong moves like this don’t reverse immediately.

If support holds, this becomes continuation.
If it fails, the whole move gets retraced.
AR2.74%
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