$SKYAI Looks Ready for Wave 5 Expansion | ICT + SMC Confluence Targets Ahead
Entry: $0.0885 – $0.0915
Stop Loss: $0.0848
Take Profit Targets
TP1: $0.1088
TP2: $0.1275
TP3: $0.1480
$SKYAI is displaying a strong bullish market structure across the 1H, 4H, and Daily timeframes. From an ICT perspective, price has swept recent liquidity above prior highs before retracing into a premium discount zone, where bullish order flow remains intact. SMC confirms a valid Break of Structure (BOS) followed by a healthy mitigation phase, suggesting institutional accumulation rather than distribution. Elliott Wave analysis indicates Wave 4 may be nearing completion after an impulsive Wave 3, increasing the probability of a Wave 5 continuation. Fibonacci retracement from the recent swing low to high places the current pullback near the 38.2%-50% retracement, a common continuation region. Holding above $0.0850 keeps the bullish outlook valid, while reclaiming $0.0950 strengthens momentum.
Trade $SKYAI here 👇🏻👇🏻
Entry: $0.0885 – $0.0915
Stop Loss: $0.0848
Take Profit Targets
TP1: $0.1088
TP2: $0.1275
TP3: $0.1480
$SKYAI is displaying a strong bullish market structure across the 1H, 4H, and Daily timeframes. From an ICT perspective, price has swept recent liquidity above prior highs before retracing into a premium discount zone, where bullish order flow remains intact. SMC confirms a valid Break of Structure (BOS) followed by a healthy mitigation phase, suggesting institutional accumulation rather than distribution. Elliott Wave analysis indicates Wave 4 may be nearing completion after an impulsive Wave 3, increasing the probability of a Wave 5 continuation. Fibonacci retracement from the recent swing low to high places the current pullback near the 38.2%-50% retracement, a common continuation region. Holding above $0.0850 keeps the bullish outlook valid, while reclaiming $0.0950 strengthens momentum.
Trade $SKYAI here 👇🏻👇🏻