$SAGA ICT/SMC + Elliott Wave LONG Continuation Setup
$SAGA is showing bullish displacement across the 1H and 4H structure, supported by expanding volume and a decisive raid above prior buy-side liquidity near 0.01810–0.01842. ICT/SMC structure remains bullish while price holds the latest 4H demand zone. Elliott Wave suggests an impulsive Wave 3 continuation, but extreme RSI readings increase the probability of a corrective pullback before another expansion leg.
From the 0.01176–0.01842 swing, Fibonacci retracement levels are 0.01588 (38.2%), 0.01509 (50%), and 0.01430 (61.8%). The professional setup is to avoid chasing the breakout and seek a retracement into 0.0159–0.0163, preferably after a liquidity sweep followed by bullish MSS/CHOCH on lower timeframes.
TP1: 0.02023
TP2: 0.02253
TP3: 0.02508
Invalidation: sustained 4H acceptance below 0.01430. Manage risk carefully because volatility is elevated. A clean reclaim of 0.01842 strengthens continuation; failure to hold 0.01588 shifts focus toward deeper discount and invalidates aggressive long bias for now.
Trade $SAGA here 👇🏻👇🏻
$SAGA is showing bullish displacement across the 1H and 4H structure, supported by expanding volume and a decisive raid above prior buy-side liquidity near 0.01810–0.01842. ICT/SMC structure remains bullish while price holds the latest 4H demand zone. Elliott Wave suggests an impulsive Wave 3 continuation, but extreme RSI readings increase the probability of a corrective pullback before another expansion leg.
From the 0.01176–0.01842 swing, Fibonacci retracement levels are 0.01588 (38.2%), 0.01509 (50%), and 0.01430 (61.8%). The professional setup is to avoid chasing the breakout and seek a retracement into 0.0159–0.0163, preferably after a liquidity sweep followed by bullish MSS/CHOCH on lower timeframes.
TP1: 0.02023
TP2: 0.02253
TP3: 0.02508
Invalidation: sustained 4H acceptance below 0.01430. Manage risk carefully because volatility is elevated. A clean reclaim of 0.01842 strengthens continuation; failure to hold 0.01588 shifts focus toward deeper discount and invalidates aggressive long bias for now.
Trade $SAGA here 👇🏻👇🏻