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$IP is stabilizing after a sharp move and controlled reset, and that’s the reason I’m watching this closely.
I’m starting with the reason. Price made an aggressive upside expansion, swept buy-side liquidity near the top, and then corrected without collapsing. That tells me profit-taking happened, not trend failure. Now price is holding above the key base where buyers stepped back in.
Market read
I’m seeing a pullback after a liquidity grab, followed by consolidation and a higher low. Momentum is rebuilding instead of fading. As long as price holds above the base, continuation remains valid.
Entry Point
I’m looking to enter between 1.38 – 1.41
This is the demand zone created after the correction. I want price to stay above this area to confirm buyer control.
Target Point
• TP1: 1.50 – first resistance and partial profit
• TP2: 1.62 – previous high retest
• TP3: 1.75 – continuation target if momentum expands
I’m scaling out, not exiting early.
Stop Loss
1.34
If price loses this level, the structure breaks and I’m out.
How it’s possible
I’m trading this because liquidity has already been taken on both sides, price is no longer making lower lows, and buyers are defending the pullback. When a market absorbs selling and holds its base, the next move is usually continuation.
This is a structure-based setup, not guesswork. I’m following what price already showed.
Let’s go and Trade now $IP