$MUBARAK ICT/SMC Bullish Expansion | Elliott Wave + Fibonacci Confluence
$MUBARAK maintains a strong bullish structure across the 1H, 4H, and 1D charts. ICT/SMC analysis shows bullish displacement, a structure break, and potential FVG/demand support beneath price. The higher-timeframe structure suggests the market is developing another impulsive Elliott Wave leg, with buy-side liquidity resting above the recent 0.01660 high. Fibonacci expansion also supports further upside if that liquidity is swept and price sustains above resistance. However, momentum is stretched, so a retracement into the entry zone offers better risk management than chasing the breakout. A decisive loss of 0.01440 would invalidate the immediate bullish continuation thesis.
Bias: 🟢 LONG
Entry Zone: 0.01500–0.01440
TP1: 0.01860
TP2: 0.02120
TP3: 0.02400
Invalidation: Below 0.01440
Key Liquidity: Above 0.01660
Setup: FVG/Demand Retest + Liquidity Expansion
Risk: wait for confirmation
Execution: Prefer a confirmed retracement/reclaim rather than entering after an extended candle.
Trade $MUBARAK
$MUBARAK maintains a strong bullish structure across the 1H, 4H, and 1D charts. ICT/SMC analysis shows bullish displacement, a structure break, and potential FVG/demand support beneath price. The higher-timeframe structure suggests the market is developing another impulsive Elliott Wave leg, with buy-side liquidity resting above the recent 0.01660 high. Fibonacci expansion also supports further upside if that liquidity is swept and price sustains above resistance. However, momentum is stretched, so a retracement into the entry zone offers better risk management than chasing the breakout. A decisive loss of 0.01440 would invalidate the immediate bullish continuation thesis.
Bias: 🟢 LONG
Entry Zone: 0.01500–0.01440
TP1: 0.01860
TP2: 0.02120
TP3: 0.02400
Invalidation: Below 0.01440
Key Liquidity: Above 0.01660
Setup: FVG/Demand Retest + Liquidity Expansion
Risk: wait for confirmation
Execution: Prefer a confirmed retracement/reclaim rather than entering after an extended candle.
Trade $MUBARAK