Price has broken above a key structure level around 1.1155–1.1160, forming a higher high in line with the prevailing 4H uptrend. I’m watching for a clean retest of this zone with a rejection confirmation (preferably wick rejection or bullish engulfing) to take a long position.
Confluences:
• EMA 20/50 bullish alignment
• Break & retest of previous resistance turned support
• Bullish market structure (HHs, HLs)
Target: 1.13100
Invalidation: Break and close below the retest zone
Waiting for price to come to me — no early entries.
Confluences:
• EMA 20/50 bullish alignment
• Break & retest of previous resistance turned support
• Bullish market structure (HHs, HLs)
Target: 1.13100
Invalidation: Break and close below the retest zone
Waiting for price to come to me — no early entries.
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