Rebound from Local Support (~105,000 USD)
The price reacted to a key support level and is showing early bullish candles, suggesting a possible continuation of the upward trend.
WT_LB Oscillator (WaveTrend)
Currently in the oversold zone and starting to curl upward – a typical early buy signal.
Medium-Term Trend Still Bullish
The recent pullback hasn’t broken key market structure – likely just a profit-taking phase before another leg up.
Structure of Higher Highs and Higher Lows (HH-HL)
The chart continues to show a bullish structure, and the current consolidation may serve as a base for an upward breakout.
⚠️ Trade Setup:
Entry: ~105,460 USD
Take Profit (TP): ~116,265 USD
Stop Loss (SL): ~102,249 USD
Risk-to-Reward (R/R): Approximately 1:3 – favorable setup.