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According to Elliott Wave theory, the price rose during the impulsive first wave and corrected in the second wave as an ABC zigzag to the 0.382 Fibonacci level. This aligns with Elliott's rules, suggesting that the correction of the fourth wave will likely be at 0.5 - 0.618.Based on the impulse of the first wave, the target for the third wave is 4.25, followed by a correction within the fourth wave.Using Fibonacci projections by shifting the grid from the start of the first wave impulse to the end of the second wave, the target for the third wave aligns with Fibonacci 1.618 (5.82). Without shifting the Fibonacci grid, the target for the third wave at Fibonacci 1.618 is 4.40.To confirm this scenario, the price must break above the peak of the descending financial channel. Successful trades!

A good entry was made with a 0.15% drawdown from the hourly order block after MSS confirmation, with a 1:6 risk-reward ratio. The target is to take out the local equal highs in the daily imbalance zone. I'll see what the market forms there. There's a possibility of reaching the midpoint of the imbalance at 0.5520

According to higher timeframes, the market sentiment is bullish. We are moving within an ascending channel with the potential to rise to 0.7416. To increase the probability of this outcome, the price needs to establish itself above the ascending channel.Locally, within the range of the daily breaker block (D BB) and the daily imbalance (D FVG), three potential entry points are visible:1. Liquidity grab (Sellside liquidity)2. 0.5 Fibo3. 0.618 Fibo / bottom of the ascending channel4. The target is the local high, which is at the midline of the channel.Locally, based on the EFIATR oscillator, volume, and liquidation levels, there is a likelihood of growth. According to Elliott Wave theory, a 5-wave pattern and an ABC correction in the 4th wave are visible, which further increases the probability of upward movement.

Technical indicators suggest growth. There is a possibility of a growth reaction from the 50% fill of the imbalance, POC, liquidity pool with a liquidity sweep below the previous low and the completion of a truncated fifth wave of Elliott. Liquidity pools have formed above, which will act as a magnet for the price. This scenario will be invalidated if the price consolidates below the POC. Then, expectations for the price are in the order block (OB) zone.

Within the ascending channel, a five-wave impulse and an ABC correction have been completed, reaching the 0.618 Fibonacci level. The price has encountered the first resistance level (res).Based on the fractal from the initial five-wave pattern, there is potential for growth towards the upper boundary of the channel, into the Fibonacci zone 1.236 - 1.382. From there, an ABC correction is expected towards the Fibonacci zones of the second subwave 3(2) of the global third wave. Subsequently, I anticipate the formation of the first subwave of the third global wave 3(3-1).The Alligator indicator shows an upward trend. There is a support level (sup) below. The scenario will be invalidated if there is a breakout and consolidation below the support zone (sup).

After the first Elliott impulse wave, a correction of the second wave in the form of an ABC pattern was completed, forming a flag. According to the flag formation, there is potential for growth within the third wave towards the large liquidity pool zone and the 1.618 Fibonacci level. From there, a correction within the fourth wave is expected, followed by the formation of the fifth wave. Successful trading!

The classic execution of the bullish reversal formation, the inverted head and shoulders, is being performed with confirmation by volumes.

We have an ascending trend. There was accumulation with ABC movement inside the bullish pennant. The target of the formation has been marked.There is a pool of liquidations up to the valuable level of 14,400, which is also likely to be reached.

An ascending trend has emerged, confirmed by the upward movement above the bos level.At the bottom, there is a mirror level on the daily 1D timeframe, next to which there is a local 0.55 Fibonacci level, creating conditions for further upward price movement to liquidate liquidity beyond the previous high (ph) / Fibonacci 1.382.At the moment, I expect liquidity to be withdrawn beyond the Fibonacci 0.382 level and a reversal towards the target.According to Elliott waves, the completion of the 5th wave - Fibonacci 1.618 coincides with the planned target.

Inside the bullish ascending triangle, liquidity was taken out with equal lows deviation. Subsequently, an impulse was obtained.Expecting deviation from the top. Previously, three times the upper level of the formation was tested, so there is already a probability of consolidating above the upper level and reaching its target.