As we discussed earlier, the bullish scenario has been confirmed, and our two main targets are within reach. I'm glad you found the analysis on core CPE-GDP useful.
For now, let's take a closer look at the current scenario. To solidify the bullish outlook, we need to see a candle close above the 4,460 level and show some signs of consolidation. If this happens, we can expect the price to move towards the next target of 4,480-4,500.
On the other hand, if the price closes below 4,460, it would indicate a bearish reversal, and we would need to adjust our expectations. In this case, our new target range would be 4,440-4,
- This would suggest a correction or a bearish scenario, and we would need to reassess our strategies accordingly.
It's essential to remember that market conditions can change quickly, and it's crucial to stay vigilant and adapt to new information. As we move forward, we'll continue to monitor the market and provide updates on the latest developments.
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