Key support structure — Prior horizontal support from pre-surge base (~4689–4703) held multiple touches, confirming it as a structural demand zone.Price has pulled back sharply from the 4768 swing high, clearing out weak longs and sweeping liquidity down into a confluent demand zone sitting between 4689.91 and 4702.65. This area aligns with a clearly marked key support structure on the chart — a level that previously launched the sharp bullish expansion earlier in the session — further reinforced by an M5 hidden demand zone sitting directly on top of it.
The thesis is simple: smart money has accumulated, retail stops have been collected, and price is now positioned to reclaim higher ground. We are looking for a bullish M5 confirmation candle (engulfing or pin bar) before entering long. Stop loss is placed below 4689 — any M15 close below that level invalidates the demand zone entirely.
Target stack: First target at the intraday resistance area of 4740.31, then the prior swing high at 4768.06, with swing runners targeting 4849.29 — the possible swing target marked on the chart. Break-even SL to be locked in once TP1 is hit.
No confirmation = no trade. Let price show its hand first.
M5 hidden demand — A smaller timeframe demand zone overlaps this key support, adding precision to the entry and signaling institutional interest at this level.
Liquidity sweep setup — Price has pulled back significantly from the 4768 highs, sweeping liquidity down toward the 4689–4703 zone before the next potential expansion.
4702.65 level — A marked mid-structure reference sitting inside the demand zone, acting as a reaction trigger for confirmation entries.
Macro context still bullish — Structure above this zone remains intact with a higher target at 4849.29 visible on the chart, implying the broader trend favors upside continuatio
EXECUTION PLAN
EXECUTION PLAN
Wait forM5 bullish confirmation candle (engulfing / pin bar) at 4689–4703 demand zone
EntryOn confirmation close, market or limit within the zone
SLBelow 4689 with ATR buffer — invalidates demand zone thesis
TP14740.31 — intraday target area, close 60–70% of position
TP24768.06 — prior swing high resistance, partial close or trail SL
TP34849.29 — swing target, runners only with breakeven SL locked in
MQL5 个人资料
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