Bias: Bullish
Strategy: Trend continuation within channel (15M & 1H confluence)
Setup: Buy $3,085–$3,090 → TP1 $3,105 → TP2 $3,110
why ?
#1D Chart (Top Left):
Elliott Wave Count suggests price is in Wave (5) of a bullish impulse.
A bullish breakout just happened from a bull flag (Wave 4).
RSI: Overbought (74) — caution of potential short-term pullback, but momentum remains strong.
#4H Chart (Top Right):
Strong impulse wave forming post corrective ABC.
Currently in sub-wave (5) — upside continuation likely toward $3,110–$3,120 before potential exhaustion.
#1H Chart (Bottom Right):
Inside a rising parallel channel.
Breakout from small range (flag) just occurred.
Expect continuation toward top of channel (~$3,110) if momentum continues.
#15M Chart (Bottom Left):
Clean structure of higher lows, ascending trendline support.
Strong bullish reaction from recent consolidation = likely institutional demand.