SUNDARMFIN – Breakout Retest Setup Toward Major Trendline

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SUNDARMFIN has broken out of the falling wedge and is retesting the breakout zone successfully.

The structure drawn shows a bullish continuation setup:

Falling wedge breakout ✔️

Price holding above the retest zone ✔️

Momentum shifting higher ✔️

The upside projection points toward the major resistance trendline, with a measured target of ~6.5% from the breakout point.

Your drawing also highlights a profit-taking zone once price reaches the trendline resistance.

Trade Logic from the drawing:
Breakout → Retest → Continuation toward higher resistance
Possible reaction down after reaching the target line.

My Key View:
As long as price stays above the retest level,
bulls are in control toward the upper trendline.

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