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$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.