Price action traced a local range low at 773.43, with recent liquidity sweep clearing shorts as it carved a V-shape recovery. This has created a bearish pin bar at our entry, with the 61.8% Fibonacci retracement at 781.55 aligning as resistance. Williams %R (-70.8) suggests overbought conditions, signaling a potential reversal. Target 1 is the prior swing low at 738.18, with a stop loss at 807.0 reinstating the bullish bias
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