Aluminium Mini is moving inside a steady upward channel, showing strong trend continuation. Price completed Wave 4 at 263 and is now pushing higher into the final Wave 5 zone. The current rally is heading toward the confluence zone near 282 – 288, a strong resistance area. Momentum remains bullish, but upside may slow down as price approaches this target region. Any rejection from the Confluence zone could trigger a pullback, so chasing late entries is a risky strategy.
After the accomplishment of wave 5, we will see a corrective phase before the price starts its march for 300+ levels.
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