The Demand Zone (2023-2024) is showing a significant area of support where price has previously bounced. This area is crucial as it forms a base for future price movements.
The chart projects a Bullish Breakout (2025), where the price is expected to experience a sharp upward movement. The projected path indicates a series of strong rallies after the initial breakout from the demand zone. The price could reach higher levels, as indicated by the upward arrows.
The Time Exit is marked with the red text, which suggests a time window when it might be ideal to exit the position.
Potential Target: The price is projected to rise significantly after the breakout, with potential targets near the higher levels indicated by the chart’s upward arrows.
Overall Outlook: The chart reflects a well-formed demand zone with an expected bullish breakout in 2025. Keep an eye on the demand area for potential entries, and monitor the time exit for possible profit-taking after the anticipated rise.