Market Structure: The price is clearly in an uptrend, and it is forming
Market Structure:
The price is clearly in an uptrend, forming higher highs (HH) and lower lows (HL).
A strong impulsive movement from a defined demand zone confirms buyer dominance.
The current structure shows an upward continuation after a pullback.
Main areas and levels
Demand area: ~4,400-4,420
→ Origin of strong bullish momentum.
Entry point: ~4,507
→ Slight decline + structure support (good continuity area).
Stop loss: ~4,486
→ Under the bottom of the last swing (protects against structure breakage).
Target (TP): ~4,545-4,560
→ Previous resistance/liquidity zone.
See price action
After establishing a strong bullish leg, the price formed a corrective pullback (flag-like structure).
Rejection from the pullback zone shows buyers returning.
The blue path indicates a continuation move, while the red path indicates a deeper retest before continuing.
Trade idea
Bias: Bullish
Buy on dips near 4500-4507
Liquidity target above highs (~4,545+)
It is invalidated if the price breaks and closes below 4,486
What to watch
If price stays above entry level → continuation is likely
If the price sweeps the lows first → expect a liquidity grab → then an upward movement
Break below the structure = weak trend
summary
Strong upside momentum + clean structure + demand reaction = high probability of setup continuing towards liquidity above.
