The intraday pattern is positive, with a rally to the high point followed by a correction at the four-hour midline of 3250, and the Bollinger Bands are slightly narrowing with continuous oscillation.
The early morning surge faced resistance and then retraced, which did not impact the bullish trend, indicating strong trend continuity.
The three Bollinger Bands are turning upward, located at the middle band and not above it. Observing support levels below is recommended.
Based on recent range analysis, watch for a consolidation between 3145-3175, with potential upward targets at 3275-3300.
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The intraday pattern is positive, with a rally to the high point followed by a correction at the four-hour midline of 3250, and the Bollinger Bands are slightly narrowing with continuous oscillation.
The early morning surge faced resistance and then retraced, which did not impact the bullish trend, indicating strong trend continuity.
The three Bollinger Bands are turning upward, located at the middle band and not above it. Observing support levels below is recommended.
Based on recent range analysis, watch for a consolidation between 3145-3175, with potential upward targets at 3275-3300.