Support Breakdown:
The analysis assumes that the price will respect the support level and bounce back up. However, if the support at around 149.000 is broken, we might see a further decline rather than a bullish reversal.
2. False Breakout at Resistance:
The target suggests a move toward 151.000 resistance. However, price might fail to break above resistance and reverse back down, trapping buyers in a bull trap.
3. Sideways Movement (Consolidation):
The price may not follow the expected movement and could enter a range-bound phase, moving sideways between support and resistance.
4. Fundamental Factors:
Unexpected economic news, central bank intervention, or geopolitical events could disrupt the technical setup, leading to an outcome that does not follow the projected path.