For swing trading, this strategy appears legitimate. A well-defined zone, especially when aligned with a robust dynamic line and complemented by a consolidation pattern, is likely to be respected.

When the price is at support levels, there's an anticipation of a bullish pump as historical trends suggest upward movements typically initiate from support zones.
AUDJPYaudjpyanalysisaudjpydailyaudjpyideaaudjpylongChart PatternsTechnical IndicatorsTrend Analysis
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