This is a very strong momentum breakout setup on Global Education Ltd.

🔍 Structure Analysis 1. Long Consolidation = Energy Build-Up Price spent nearly 2 months inside the 92–112 range Multiple rejections near 112 Higher lows kept forming internally → hidden accumulation 👉 This usually means: Sellers are getting exhausted while buyers slowly absorb supply. 🚀 Breakout Candle Characteristics The current candle is important because: ✅ Strong Wide-Range Candle Clean breakout above resistance (~112) Closing near highs Big expansion after tight consolidation ✅ EMA Structure Bullish 26 EMA above 52 EMA Price well above both EMAs Trend alignment confirmed ✅ Momentum Expansion This is not a slow breakout. This is: “Compression → Expansion” These moves often continue for a few sessions/weeks if volumes sustain. 📈 Probable Targets Immediate: 120–122 Swing Projection: 128–132 Your projected arrow is technically reasonable. ⚠️ Important Level Now Breakout Zone: 112 is now key support If price: Retests 112 and holds → very bullish continuation Falls back below 112 → breakout weakens