$ATM
ATM
1.425
+0.49%
experienced a sharp rebound from support after a steady decline to the 1.40 zone, with a strong impulsive green candle pushing the price back above 1.44, showing strong momentum. This appears to be a liquidity sweep followed by aggressive buying. If the price stays above 1.42, a continuation toward 1.48–1.50 is likely. However, failure to maintain 1.40 would weaken the bounce structure.
Trade Setup: Entry: 1.42 – 1.45
TP: 1.50
SL: 1.38