Thursday, February 05, 2026

Sheng Siong - 05 Feb 2026

Sheng Siong Group Ltd (OV8, SGX) — 1D

Date range shown: ~Jun 2025 → 05 Feb 2026
Last traded (close): 2.92 (+5.42%)
Day range: O 2.77 / H 2.92 / L 2.77 / C 2.92
Volume: ~8.73M (elevated)

1) Market Regime Classification (most important)

Strong trending regime (bull trend), late-stage markup.

This is not a “maybe uptrend” — it’s a clean institutional-style staircase:

Higher highs + higher lows
Tight consolidations
Explosive displacement legs
Breakout + hold behavior

2) Market Structure & Order Flow (SH/SL, BOS, CHoCH)

Key swing structure (macro)

Early base area: ~1.80–1.90
First major push + new structure: ~2.03 → 2.23
Mid consolidation: ~2.02–2.16
Major BOS + trend acceleration: late Oct → early Nov
Trend continuation with controlled pullbacks: 2.50–2.73
Current breakout: 2.92 (new high)

The real “institutional BOS”

The big green displacement candle in early Nov is the defining event:

It breaks the previous range cleanly
It changes the slope of the trend
It comes with volume expansion
That is classic “smart money committed” behavior.

3) Volume-Price Relationship (VPR)

What volume is saying

Early Nov: strong volume expansion on a wide-range up bar
→ professional participation (not retail-only)
After Nov: volume generally cools while price holds
→ bullish sign: price can stay high without needing constant buying
Current breakout (2.92): volume spikes again
→ breakout is being validated, not drifting upward

Effort vs Result

When price moves up with strong range + strong volume, that’s real demand.
When price consolidates with low volume, that’s supply drying up.
This chart shows both — in the correct sequence.

4) Institutional Footprints (SMC / Wyckoff)

Wyckoff read

This looks like:

Accumulation (Jun–Aug)
Re-accumulation (Aug–Oct)
Markup (Nov onward)

SMC features present

Displacement move in early Nov (strongest footprint)
Order block zone likely around 2.40–2.50 (last bearish area before the explosive rally)
No obvious liquidity grab at the top yet
(today’s breakout closes strong, not a wick-rejection trap)

5) Bar-by-Bar Pattern Read (what the candles imply)

Best bullish signals

Breakout bars closing near highs (especially the current one)
Tight-bodied consolidation after impulses (Nov → Dec → Jan)
Pullbacks that do NOT retrace deeply
- The main pullback low was around 2.51, and buyers immediately defended it.

Any warning bars?

Not yet.
The chart is not showing:

major upper wicks at the top
climactic blow-off with immediate reversal
heavy-volume failure

So far, the breakout is behaving “clean”.

6) Key Levels (institutional map)

Immediate breakout zone

2.90–2.92 = breakout level / current high

Nearest support (micro)

2.73 = prior swing high / breakout base
If price pulls back and holds this, trend remains very healthy.

Mid support (structure)

2.51 = key swing low in the trend
A break below this is your first real trend damage.

Deep institutional demand zone

2.40–2.50 = likely order block / origin of the last expansion
If price revisits this, it’s a “big decision” area.

7) Tradeable Setups (risk-adjusted)

Setup A — Pullback buy (highest quality)

Entry zone: 2.73–2.78
Stop: below 2.65 (or below the pullback swing low)
Target: retest 2.92, then extension

This is the classic “buy the breakout retest”.

Setup B — Momentum continuation (higher risk)

Entry: if price holds above 2.90 for 2–3 sessions
Stop: below 2.80
Risk: you are buying the most crowded area (new highs)

This works in strong trends, but you must accept higher whipsaw risk.

8) Forward Bias + What to Watch Next

Bias

Bullish continuation, unless the breakout fails.

What would flip the bias (very important)

A true bearish shift would look like:

Breakout above 2.92 fails
Price closes back below 2.80
Then breaks 2.73 with expanding volume
That would be the first serious “distribution tell”.

9) Summary — 5 highest conviction observations

This is a clean bull trend with strong structure (HH/HL).
Early Nov shows institutional displacement (trend ignition).
Pullbacks are shallow → supply is weak.
Current breakout to 2.92 is supported by volume → not a weak drift.
Key trend line in the sand is 2.51 (break it = trend damage).

Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.

Dividend: 2.19%

Wednesday, February 04, 2026

ComfortDelGro - 04 Feb 2026

Stock & Chart Context

Stock: ComfortDelGro Corporation Limited
Ticker: SGX: C52
Timeframe: Daily (1D)
Date Range Observed: Jun 2025 → early Feb 2026
Last Traded Price: ~1.49
Observed Range (6–7 months): ~1.39 → 1.64
Market Type: Large-cap, defensive, liquidity-rich (institutional-favored)

1. Market Regime Classification (Lead)

Current Regime: RANGING → LATE ACCUMULATION (Transition Risk)

No sustained higher-high / higher-low sequence
Clear horizontal containment
Repeated absorption near range lows
Gradual compression toward upper mid-range

This is not a trend market yet. It is a professional positioning phase.

2. Macro Market Structure

Key Structural Levels

Range High (Supply Cap): 1.60–1.64
Mid-Range / Control Zone: 1.48–1.50
Range Low (Demand Floor): 1.40–1.42

Structure Summary

June–July: Distribution → breakdown into 1.40
Late July: Vertical displacement (1.40 → 1.64) on expanding volume → institutional repricing, not retail drift
Aug–Sep: Sharp rejection from 1.60 → Change of Character (CHoCH) from impulsive to corrective
Sep–Dec: Horizontal oscillation with decreasing volatility
Jan–Feb: Compression just below 1.50

➡️ Structure confirms range acceptance, not trend continuation.

3. Swing High / Swing Low Mapping

Major Swing High (SH): 1.64
Lower Highs: 1.60 → 1.51 → 1.50
Major Swing Lows (SL):
- 1.40 (June, Jan)
- 1.42 (Sep, Dec)

This descending SH + flat SL pattern = descending range, a classic accumulation signature.

4. Volume-Price Relationship (VPR)

High-Conviction Observations

July Breakout
- Wide-range up bars
- Volume expansion
- Professional displacement
Post-Breakout Pullback
- High volume, limited downside
- Effort ≠ result → absorption
Range Lows (1.40–1.42)
- Volume spikes with long lower wicks
- No follow-through lower
- Clear institutional demand
Recent Bars near 1.49
- Volume drying up
- Narrow spreads
- Supply being absorbed, not aggressive buying yet

➡️ Textbook accumulation via absorption, not distribution.

5. Institutional Footprints

Liquidity Grabs: Repeated marginal breaks below 1.42 followed by immediate recovery
Order Blocks:
- Demand OB: 1.40–1.42
- Supply OB: 1.58–1.60
No clean FVGs remaining inside the range → price is efficiently auctioned

Wyckoff read: Phase C → early Phase D attempt

6. Bar Pattern Intelligence

Frequent inside-bar clusters between 1.46–1.50 → energy compression
Multiple failed bearish continuation bars near 1.42
Recent closes are above bar midpoints, not weak closes

No climax yet. This is controlled, professional behavior.

7. Psychological & Reference Levels

1.50: Major psychological + mid-range pivot
1.40: Round-number institutional defense
1.60: Prior campaign high, supply magnet

Price acceptance above 1.50 is critical for regime change.

8. Risk-Adjusted Zone Mapping

High-Probability Zones

Accumulation Zone (Institutional-style):

1.42–1.45
Tight risk, repeated demand confirmation

Breakout Acceptance Zone:

Daily close above 1.52 with volume expansion

Invalidations

Daily close below 1.40 → accumulation thesis fails

9. Highest-Conviction Observations (3–5)

Strong absorption repeatedly confirmed at 1.40–1.42
Declining volatility → late-stage accumulation
No distribution volume at highs
Supply thinning below 1.50
Market preparing for expansion, direction pending

10. Forward-Looking Bias

Primary Bias: Neutral → Bullish only after acceptance
Bullish Trigger: Strong close > 1.52 with follow-through
Upside Targets (Measured Move):
- 1.56
- 1.60
Failure Scenario: Rotation back to 1.42 demand for re-accumulation

Final Professional Read

This is not a retail momentum play.
It is a patient institutional accumulation structure, waiting for range resolution.

Tuesday, February 03, 2026

Tai Sin Electric - 03 Feb 2026

📌 Chart Setup & Context

Stock: Tai Sin Electric Limited
Ticker: SGX:500
Timeframe: Daily (1D)
Date Range Observed: ~Jun 2025 → 3 Feb 2026
Bars Analyzed: ~160–170 daily bars
Last Traded Price: 0.495

🧭 1. Market Regime Classification (Lead)

Current Regime: → Transition → Early Bearish / Distribution Resolution

Prior uptrend has fully transitioned into distribution
Distribution range failed downward
Current price is back inside pre-markup value area
Strong supply dominance on recent bars

🧱 2. Market Structure & Order Flow

Primary Structure Mapping

Phase Progression

Accumulation → Markup
- Jun → Oct: clean HH / HL sequence
- Expansion from ~0.40 → 0.69
Distribution (Wyckoff Phase D–E)
- Oct–Nov:
  - SH ≈ 0.690
  - Repeated failure to sustain higher highs
  - Overlapping bars + reduced follow-through
Break of Structure (BOS)
- Dec: Loss of 0.575 (key HL)
- Confirms trend termination
Change of Character (CHoCH)
- Jan: Rally fails below 0.615 / 0.600
- Lower high established → bearish control confirmed

Key Structural Levels

Type	Level	Interpretation
Major SH	0.690	Distribution top / exhaustion
Lower High	0.615	Supply-defended rally
Value Pivot	0.575–0.580	Former support → resistance
Structural Floor	0.500	Psychological + prior demand
Current Breakdown	0.495	Acceptance below key level

📊 3. Volume–Price Relationship (VPR)

Critical Observations

Climactic Volume on Breakdown
- Recent wide-range red bars
- Volume spike with downside expansion
- → Professional distribution, not retail noise
Effort vs Result
- Earlier rallies (Dec–Jan):
  - Moderate volume
  - Poor upside result
  - → Absorption by supply
No Selling Climax Yet
- Despite high volume, no sharp reversal bar
- Suggests selling pressure not exhausted

🏦 4. Institutional Footprints

Distribution Signatures

Upthrust after Distribution (UTAD)
- Push toward 0.615 with immediate rejection
- Classic liquidity grab above minor highs
Order Block (Supply Zone)
- 0.600–0.620
- Last bullish bars before sharp selloff
- Now a high-risk short / exit zone
Acceptance Below Value
- Price holding below 0.500
- Indicates re-pricing, not shakeout

🕯️ 5. Bar Pattern & Microstructure

Recent Bars (Most Important)

Wide-Range Bearish Expansion Bar
- Breaks 0.500 with volume
- Close near lows → dominance by sellers
Follow-through Failure
- Small rebound bars lack volume
- No demand response yet
No Reversal Bar Present
- No hammer / no bullish engulf
- → Catching knives is premature

🧠 6. Psychological & Reference Levels

0.500 – Major psychological number
- Cleanly violated → sentiment shift
0.400–0.395
- Prior accumulation base (Jun–Jul)
- Next high-probability demand zone

🎯 7. High-Probability Zones (Institutional Framing)

❌ Longs (Low Probability Now)

No structural support confirmed
No selling climax
No demand bar

⚠️ Reactive Demand Watch Zone (NOT Entry Yet)

0.40 – 0.42

Prior base
Potential accumulation retest
Requires:
- Volume climax
- Strong rejection wick
- Follow-through confirmation

🧨 Supply / Risk Zone

0.575 – 0.615

Former support → resistance
Any rally into this zone = distribution opportunity, not bullish signal

📉 8. Risk-Adjusted Trade Framing (If Forced)

Institutional mindset: preservation over prediction

Bias: Bearish → Neutral until demand proves itself
Invalidation of Bear Bias:
- Strong reclaim above 0.575 with volume
Best Action Now:
- Wait
- Let market show its hand at lower demand

🧠 9. Highest-Conviction Observations (Top 5)

Confirmed trend termination via BOS + CHoCH
Distribution resolved downward with acceptance
High volume breakdown = professional selling
0.500 psychological level failed cleanly
No reversal signal yet → patience required

🔮 10. Forward-Looking Bias & Levels to Watch

Bias:
➡️ Bearish to Neutral (Wait-and-See)

Key Levels

Resistance: 0.575 → 0.615
Immediate risk: 0.500
Potential demand test: 0.40–0.42

Final Institutional Take

This is not a pullback.
This is post-distribution re-pricing.
Capital should wait for confirmation of demand, not hope.

Monday, February 02, 2026

PropNex - 02 Feb 2026

Chart Setup & Context

Stock: PropNex Ltd (SGX: OYY)
Timeframe: Daily (1D)
Date Range: ~Jun 2025 → 2 Feb 2026
Approx. Bars: ~160–170 daily bars
Last Traded Price: 2.14

1. Market Regime Classification (Lead With Regime)

Current Regime: Transition → Early Range / Mean-Reversion

Prior strong uptrend has fully terminated
Market now rotating between distribution → markdown → secondary accumulation
Recent rally is reactive, not impulsive (key distinction)

2. Macro Structure → Micro Structure

Primary Trend Structure (Jun → Oct)

Clear bullish impulse:
- Series of higher highs (HH) and higher lows (HL)
- Acceleration phase Aug → Sep (wide-range up bars, expanding volume)
Major swing points:
- SH ≈ 2.49
- SH (climactic) ≈ 2.63
- Structural HL ≈ 2.23

📌 Trend strength peaked at 2.63 → classic exhaustion zone.

Distribution & Change of Character (Oct → Nov)

2.63 high:
- Wide-range up bar
- Followed immediately by failure to continue
- Subsequent bars show overlapping ranges + rising volume
This is a textbook CHoCH:
- Buyers still active
- But effort (volume) no longer produces result (price)

➡️ Institutional distribution confirmed

Breakdown & Markdown (Nov → Dec)

Structure shifts to:
- Lower highs
- Shallow, weak bounces
Breakdown below ~2.23–2.20
- Volume expands on down bars
- Pullbacks occur on lower volume

📌 This is professional selling, not panic liquidation.

Capitulation & Secondary Accumulation (Dec low ≈ 1.82)

1.82 low:
- Large volume spike
- Long lower wicks
- Narrow follow-through ranges
Classic selling climax → absorption
Subsequent bars:
- Tight ranges
- Volume dries up
- No further downside progress

➡️ Smart money absorbing supply

3. Volume–Price Relationship (VPR)

Key Observations

High volume + small range at:
- ~2.23 (failed support → resistance flip)
- ~1.85–1.90 (accumulation zone)
Volume divergence:
- Recent push from ~1.82 → 2.20 occurred on moderate volume
- Contrast with Aug–Sep rally (much stronger volume)

📌 This rally lacks institutional urgency

4. Institutional Footprints & Smart Money Concepts

Order Blocks

Bearish Order Block:
- 2.35–2.45
- Origin of impulsive markdown
- Expect supply on any retest
Bullish Order Block:
- 1.80–1.90
- Strong absorption + base building

Liquidity Events

False upside breakout attempts around 2.20–2.25
- Wick rejections
- No expansion follow-through
Indicates liquidity harvesting, not trend resumption

Fair Value Gaps (Inefficiencies)

Inefficient move 1.95 → 2.10
Likely to be chopped through, not respected as trend support

5. Bar Pattern & Micro-Behavior

Recent Bars (Last ~15–20 bars)

Multiple small-body candles
Upper wicks appearing near 2.20–2.25
Volume rising slightly but price stalling

📌 This is supply absorption OR preparation for another range rotation, not breakout.

6. Psychological & Structural Levels

Level	Role
2.63	Major distribution high
2.42–2.45	Institutional supply ceiling
2.23	Prior structure pivot (key reference)
2.10–2.15	Current decision zone
1.82–1.90	Accumulation floor

7. High-Conviction Observations (Top 5)

Primary uptrend is over — this is no longer a trend-following market
Recent rally is corrective, not impulsive
Institutional supply sits above 2.30+
1.80–1.90 is the only confirmed demand zone
Current price (~2.14) is mid-range = worst R:R

8. Risk-Adjusted Setup Mapping (Institutional Style)

Zone A – Defensive Long (Accumulation Play)

1.85–1.95
Stop: Below 1.78
Thesis: Secondary accumulation / mean reversion
R:R: Favorable (only zone that makes sense for size)

Zone B – Tactical Short / Trim Zone

2.35–2.45
Stop: Above 2.50
Thesis: Retest of distribution supply
Requires rejection + volume confirmation

Zone C – NO-TRADE ZONE (Current)

2.05–2.20
Poor structure
Choppy, two-sided flow
Retail churn zone

9. Forward-Looking Bias

Neutral → Slightly Bearish unless proven otherwise

What would change the bias?

Bullish only if:
- Clean break & acceptance above 2.45
- Volume expansion comparable to Aug–Sep
Bearish continuation if:
- Failure at 2.20–2.25
- Acceptance back below 2.00

Bottom Line (Executive Summary)

PropNex is no longer a trend stock.
It is currently range-bound after distribution, with smart money already exited higher and selectively absorbing lower.
Do not chase strength.
Only buy weakness near demand or sell strength into supply.

Friday, January 30, 2026

Raffles Medical - 30 Jan 2026

Chart Setup & Context

Stock: Raffles Medical Group Ltd (SGX: BS6)
Timeframe: Daily (1D)
Analysis Period: ~Feb 2025 → Jan 2026 (~240 trading bars)
Last Traded Price: S$0.995

1. Market Regime Classification (Lead With Regime)

Primary Regime: Range-bound / Accumulation-to-Transition regime

No sustained higher-high / higher-low sequence since August
Repeated failures above 1.02–1.05
Strong demand repeatedly defending 0.96–0.97
Volatility compression + declining momentum → late-stage range

This is not a trend market; it is a campaign-style accumulation range.

2. Higher-Timeframe Structure (Macro → Micro)

Macro Structure (Daily)

Range High (Supply): 1.02 → 1.05 (major institutional sell zone)
Range Low (Demand): 0.96 → 0.97 (repeated defended base)
Range Mid: ~0.99–1.00 (fair value / churn zone)

Price has spent ~60% of time inside the range, a classic absorption signature.

3. Swing Structure & Order Flow

Key Swing Points

Major Swing Highs (SH):
- 1.09 (Aug spike – climactic, rejected immediately)
- 1.05 (May / Aug)
- 1.02 (Sep / Nov / Jan – repeated failure)
Major Swing Lows (SL):
- 0.90 (April – capitulation)
- 0.94 (June – spring-like recovery)
- 0.965–0.970 (Oct / Nov / Dec – structural higher low)

Structure Read

Post-August: Lower volatility, overlapping bars
No BOS to upside yet
Series of equal lows → absorption, not weakness

This is range compression, not distribution.

4. Volume-Price Relationship (VPR) – Critical Evidence

A. Accumulation Clues

High volume + small real bodies near 0.96–0.97
→ Institutional absorption
October and December tests of lows:
- Volume expands
- Downside follow-through fails
- Price reclaims range quickly

This is effort without result → demand > supply.

B. Supply Signature

Pushes into 1.02:
- Volume increases
- Candles stall / overlap
- Upper wicks dominate

This is passive sell-side absorption (distribution of short-term inventory, not full exit).

5. Institutional Footprints (Smart Money Concepts)

Liquidity Events

August spike to 1.09
- Wide range up
- High volume
- Immediate rejection
  → Classic liquidity grab / bull trap

Order Blocks

Bullish Order Block: 0.96–0.97
Last down candles before strong reactions (Oct, Nov, Dec)
Bearish Order Block: 1.02–1.05
Last up candles before repeated sell-offs

Fair Value Gaps (Inefficiency)

Minor FVGs around 0.98–0.99
→ explains repeated mean-reversion behavior

6. Bar-by-Bar Pattern Insights (High Signal)

Reversal / Absorption Bars

Multiple long-wick down bars near 0.97 with:
- High volume
- Strong closes off lows
  → Professional buying into panic

Continuation Failure

Break attempts above 1.02:
- No expansion in range
- No follow-through
  → Lack of sponsorship

Indecision

Frequent spinning tops / small real bodies around 1.00
→ market in balance, waiting for catalyst

7. Psychological & Structural Levels

0.95 / 1.00 / 1.05 = dominant psychological references
1.00 acts as magnet price
Institutions are active below 1.00, not above it

8. High-Conviction Observations (3–5 Key Points)

0.96–0.97 is a real demand zone, defended multiple times with volume confirmation
1.02–1.05 is a hard supply ceiling – no structural breakout yet
Volatility compression suggests energy build-up, not trend exhaustion
August 1.09 spike was liquidity, not value discovery
Current price (0.995) sits in no-trade / churn zone

9. Risk-Adjusted Trade Zone Mapping (If One Were to Act)

Long-Side (Only Where Institutions Act)

Accumulation Zone: 0.96–0.97
Stop: Below 0.94 (structural, not arbitrary)
Initial Target: 1.02
Extended Target (only on volume expansion): 1.05
R:R: ~1:2.5 to 1:3

Breakout Trade (Only If Conditions Met)

Trigger: Daily close > 1.02 with volume expansion
Confirmation: Follow-through bar, not a single spike
Otherwise: assume false breakout

10. Forward-Looking Bias & Levels to Watch

Bias:

Neutral → cautiously constructive
Market is coiling, not trending

Key Levels

Below 0.96: Structure weakens → accumulation thesis invalid
Above 1.02 (with volume): Transition → potential trend resumption
Stuck 0.98–1.00: Expect continued churn

Final Institutional Read

This is a textbook late-stage accumulation range with clear professional buying at the lows and controlled selling at the highs. Until 1.02 is broken with authority, patience and location-based execution matter far more than prediction.

Thursday, January 29, 2026

UMS - 29 Jan 2026

📊 Chart Setup & Context

Stock: UMS Integration Limited (SGX: 558)
Timeframe: Daily (1D)
Date Range: ~Jun 2025 – 29 Jan 2026
Bars Analyzed: ~160 trading sessions
Last Traded Price: SGD 1.33
Recent High: SGD 1.35
Recent Low (swing): SGD 1.03

🧭 1. Market Regime Classification (Lead With Regime)

Primary Regime: Trending (Bullish, late-stage expansion)
Sub-Regime: Transitioning from markup → consolidation under resistance

Key characteristics:

Clear higher highs (HH) & higher lows (HL) since Dec
Strong displacement move from ~1.10 → 1.30+
Current price compressing beneath prior highs (1.35) → potential continuation or bull-trap zone

🧱 2. Market Structure & Order Flow

Macro Structure (Daily)

Higher-Low sequence intact:
- HL: 1.03 → 1.06 → 1.10 → 1.26
Break of Structure (BOS):
- BOS above 1.20 (Nov swing high) → confirmed trend reversal from prior range
No confirmed CHoCH yet — trend still intact

➡️ Structural Bias: Bullish unless 1.26 fails on a closing basis

Micro Structure (Last ~20 bars)

Strong impulse into 1.30–1.35
Followed by tight overlapping candles
Upper wicks near 1.35 → supply present but not dominant

This is compression under resistance, not rejection (yet).

📦 3. Volume-Price Relationship (VPR)

Key Observations

Breakout Leg (1.15 → 1.30)
- Expanding volume + wide range candles
- = Professional participation / displacement
Recent Bars near 1.33–1.35
- Volume elevated but price progress muted
- Several high-volume, small-range bars
- = Absorption, not distribution
No Climactic Blow-Off
- No extreme volume spike with immediate reversal
- Suggests institutions not exiting aggressively

➡️ Effort vs Result: High effort, low downside result = bullish absorption

🏦 4. Institutional Footprints & Smart Money Concepts

✔ Confirmed

Order Block (Demand):
- ~1.24–1.26
- Last bearish cluster before impulsive rally
Displacement Move:
- Clean, fast move through 1.20 → institutional intent
Liquidity Pool:
- Equal highs / visible stops above 1.35

⏳ Developing

Potential FVG:
- ~1.18–1.22 (thin trading during impulse)
- Only relevant if deeper pullback occurs

🕯️ 5. Bar Pattern & Candle Diagnostics

Near-Term Bars

Multiple small-body candles near highs
Upper wicks but no bearish engulfing
No outside bearish bar yet

➡️ This is pause / digestion, not reversal.

What would change bias?

A bearish outside bar closing below 1.26
Or high-volume rejection from 1.35 with follow-through

🧠 6. Psychological & Reference Levels

Level	Significance
1.35	Prior high + liquidity
1.30	Round number, short-term balance
1.26	Structural HL + demand
1.20	Major BOS level
1.10	Prior accumulation base

🎯 7. High-Probability Trade Zones (Risk-Adjusted)

📌 Primary Long (Trend Continuation)

Entry Zone: 1.26–1.28 (pullback into demand)
Invalidation: Daily close < 1.24
Targets:
- T1: 1.35
- T2: 1.42–1.45 (measured move)
R:R: ~1:3+

📌 Secondary Long (Breakout Acceptance)

Trigger: Daily close > 1.36 with volume expansion
Stop: Back below 1.32
Target: 1.45+

⚠️ What to Avoid

Chasing inside 1.32–1.35 without confirmation
→ poor R:R, liquidity hunt risk

🔄 8. Multi-Timeframe Confluence (Inference)

Daily trend aligns with likely weekly HL
No HTF resistance overhead (post-breakout territory)
Favors buy-the-dip, not fade-the-high

🧩 9. Top 5 Highest-Conviction Observations

Clear bullish BOS above 1.20
Absorption under 1.35, not distribution
Compression = energy build-up
Clean demand zone at 1.26
No structural or volume-based reversal signal yet

🔮 10. Forward-Looking Bias & Key Levels

Bias: Bullish continuation, conditional
Bullish while: Price holds ≥ 1.26
Acceleration trigger: Acceptance above 1.35
Caution trigger: High-volume rejection + close < 1.26

Bottom Line (Institutional Lens)

This is a healthy trend pause after displacement, not exhaustion. The market is deciding how, not whether, to resolve. Let price come to you—either into demand (1.26) or through acceptance above liquidity (1.35).