$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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