4H Chart - Price Key Points:
- Solid bullish breakout at approx $5877.
- Upward continuation at approx $6204.
- Bullish flag formation (confirmed).
- Over 20MA and 50MA.
- Indicators supportive.
- Volume Positive > Negative.
- Temp pause expected.
Possible Scenarios:
Long: On a confirmed break above $6540 – Price Target $6841 | Probability: 38% | Signal Strength: 4/5
Neutral: Price Range $6299 - $6540
Short: On a confirmed break below $6299 – Price Target $6029 | Probability: 33% | Signal Strength: 2/5
Our Stance: Maintain longs.