The neckline was broken with a strong bullish candle.
After the breakout, price is currently retesting the neckline.
This area also aligns with previous structure and trendline breakout, strengthening the case for a bullish continuation.
Two possible bullish scenarios are outlined:
🔸 A direct continuation from current levels
🔹A deeper retest of the FVG zone before resuming the uptrend
📈 Target projection: Based on the height of the inverse H&S pattern, the potential upside targets the $260–$270 area.
📉 Invalidation: A clean break below the FVG zone (~$162) would invalidate the setup and suggest a deeper retracement.
Overall, the structure remains bullish until proven otherwise. Watching the next daily closes for confirmation.