I’m starting bullish because price just ran stops below the range and snapped back fast. That’s usually where real buyers show their hand.
Reason
I’m seeing a clear liquidity grab below the recent low around 67,800, followed by an instant reclaim. Sellers pushed hard, got no continuation, and momentum flipped. This kind of move often marks the end of a short-term correction.
Market read
I’m reading this as a healthy pullback inside a bigger structure. The drop cleared late longs, filled orders from stronger hands, and price is now stabilizing above the sweep zone. As long as this base holds, upside remains open.
Entry point
Primary entry: 68,600 – 69,000
Safer entry: After a strong hold above 69,200
Target point
TP1: 70,200
TP2: 71,100
TP3: 72,800
Stop loss
67,400
If price breaks and holds below the sweep low, my bullish idea fails.
