🌊 Elliott : H1 is in wave 5 down, but D1 wave C up is contradictory. 🔍 SMC : M5 has a bullish BOS, swept sell-side liquidity, indicating buying pressure. ⚡ Risk : 7/10 ⚠️ Rec : CAUTION
📋 Why this trade : ✔️ Bullish (BOS) confirmed ✔️ Sell-side liquidity taken at 4277.29 ✔️ Retest of Bullish Order Block [4277.29 - 4297.71] ✔️ Bullish Fair Value Gap nearby ✔️ Order Block impulse: $8.9
🌊 Elliott : Medium-term trend is contradictory: H1 is in a bearish wave 5, but D1 is in a bullish wave C. 🔍 SMC : The market is neutral, buy liquidity has been swept at M15 and M30, but H1 has a bullish BOS. ⚡ Risk : 7/10 ⚠️ Rec : CAUTION
🎯 TP1 : 4310 (+150 pips, take profit 50%) 🎯 TP2 : 4305 (+200 pips, take profit 30%) 🎯 TP3 : 4295 (+300 pips, take profit 15%) 🎯 TP4 : 4285 (+400 pips, take profit 5%)
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🌊 Elliott : Medium-term trend is mixed: H1 is in a bearish wave 5, while D1 is in a bullish wave C. 🔍 SMC : H1 is neutral, showing bullish confirmation (BOS) but sell liquidity has been exhausted. ⚡ Risk : 7/10 ⚠️ Rec : CAUTION
📋 Why this trade : ✔️ Bullish (BOS) confirmed ✔️ Sell-side swept at 4324.24 ✔️ Retest of Bullish Order Block [4355.14 - 4366.45] ✔️ Bullish Fair Value Gap nearby ✔️ Order Block impulse: $11.3