đź’ŽParadisers, #CFG has broken out of a trendline and shown signs of bullish market structure, including CHoCH and BOS, while forming an inverse head and shoulders pattern, which increases the likelihood of a bullish move.
đź’ŽIf #CFGUSDT breaks above the recent high, it could confirm a retest and potentially lead to movement towards resistant levels.
đź’ŽIn the event of a pullback, we might anticipate a bounce from the bullish order block (OB).
đź’ŽHowever, if the price breaks down below the bullish OB level, it might be interpreted as a bearish structure. Nonetheless, given the overall bullish trend, it could be prudent to wait for clearer price action to form before making any decisions.
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