📌 Quick Market Update
Hi everyone, here’s a quick market update!
➤ Price has just pushed higher and retested the 4416–4420 Range High. However, the candle showed a clear upper-wick rejection and closed back below the range, meaning the breakout has not yet been confirmed.
➤ For that reason, I’m not rushing into Buy positions at this level. 4416–4420 remains a key area where sellers are defending the structure well, so stay patient and wait for clearer confirmation before entering.
📌 A confirmed breakout above 4420 could open the way for bullish continuation. If rejection continues, the focus shifts back to a corrective move toward the downside target zones.</b>
4August 12, 2026 1.9K 2
