I remember sharing the same analysis on EJ 3months ago.
Coming back to re-analyze again, I'm presented with the same confluence and the same directional bias.
Price is currently rejecting at a monthly supply zone, the move that's about to happen has happened 3-4months back, but market is fractal, hence the repeated cycle.

PS: CONTROL YOUR RISK, PROTECT YOUR CAPITAL
NFA
Beyond Technical AnalysisTrend Analysis

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