Support Flips, Trendline Snaps — Weekly Chart Speaks!

A counter-trendline breakout (white line) is underway on the Weekly Time Frame (WTF), supported by strong structural confluences:

🔹 Pattern size is substantial, with price consolidating for several months before breakout.
🔹 The yellow zone represents a prior support, which later broke down — now acting as a resistance-turned-breakout zone, a classic supply flip.
🔹 Recent breakout candle shows strength, emerging after taking support from the 200 DEMA, reinforcing the base.
🔹 MTF resistance (dashed yellow line) is marked — remains the next significant obstacle on higher timeframes.

No trading/investment advice. Purely educational .