Hello Dear Traders!
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And happy new year🥳
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The reasoning for this setup
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- is quite simple It's a Major Turn level / W = Weekly
- and if you look at the volume range is hvn ( High Volume Node)
- volume or vol is Lvn ( Low Volume Node ) This often happens before there is a rising uptrend In the market
- And last but not least, of the volume indicators the Fixed Range the Fixed Range has Hvn on the way up to the target
- And we are waiting for the resistance break and the inner Trent break. for a continuation of the new uptrend
------
And happy new year🥳
------
The reasoning for this setup
——————————
- is quite simple It's a Major Turn level / W = Weekly
- and if you look at the volume range is hvn ( High Volume Node)
- volume or vol is Lvn ( Low Volume Node ) This often happens before there is a rising uptrend In the market
- And last but not least, of the volume indicators the Fixed Range the Fixed Range has Hvn on the way up to the target
- And we are waiting for the resistance break and the inner Trent break. for a continuation of the new uptrend
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