The price has been perfectly respecting the bullish structure after a liquidity sweep in the lower zone (74.8K), where we clearly see the manipulation before the actual move.
-What we're seeing:
1- Structure:
Sequence of higher lows and highs, confirming active bullish trend.
2-EMAs (10 and 55):
The price is above both moving averages.
The EMA 10 acts as dynamic support.
The EMA 55 is starting to tilt → confirmation of strength.
- This tells us that the market is in a continuation phase, not a reversal.
3-impulse (MACD):
Above 0
Bullish cross confirmed
Positive histogram
-Momentum clearly in favor of buyers.
4- Volume:
Volume entry in the impulse → movement with real intent, not a false breakout.
Key reading (the important part):
The price breaks the consolidation zone and approaches 80.4K (recent high), indicating:
➡️ Likely bullish continuation
➡️ But… we are already in a high liquidity zone
Probable scenarios:
Scenario 1 (continuation):
If it breaks and holds above 80.4K → I would look for more liquidity above (extension of the movement).
Scenario 2 (the most probable in the short term):
After the impulse → pullback towards EMA 10 or even EMA 55
ideal zone for new long entries
Smart conclusion:
The market has already done the hardest part (sweep + structure + impulse).
Now we’re not chasing the price…
-A pullback is expected
-Enter with confirmation
-Follow the trend
Clarification:
This is my personal analysis, not an investment recommendation