$AR

Price just cleared a Weak High around $7.95 — not convincing, looks ripe for liquidity grab and reversal.

Context:

• CHoCH confirmed on April 20 → Structure flipped bullish.

• Price respected the EQL zone around $6.40 multiple times → solid demand.

• Strong Low sits around $4.80 — that’s the untouchable anchor for now.

Plan:

Scenario A (Short-term pullback long):

• Wait for price to dump into the $6.40–6.00 demand block (EQL zone).

• Look for bullish reaction → engulfing or BOS on LTF.

• TP1: Previous high at $7.95

• TP2: Blue sky breakout above $8.20+

• SL: Below $5.90 (invalidate EQL)

Scenario B (Aggressive short):

• Weak High = liquidity trap.

• Fade this move with tight stop above $8.10

• Target the $6.40–6.00 zone

• Only take it if momentum stalls and confirms reversal on LTF.

Bias: Bullish mid-term, but expecting short-term retracement. That weak high got no backbone

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