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Break through the downward trend suppression; after the range breaks above, sell the highs and buy the dips.
On the 4-hour timeframe, the previously downward trendline has been broken, and a bullish structure is beginning to show signs. At the moment, there is no new fundamental catalyst; whether rate hikes happen remains uncertain. Until the dust settles, the market is being driven purely by technical factors. On the higher timeframe, it is a period of choosing direction—this week, the focus is on whether the range breaks.
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