Trend continuation within channel (15M & 1H confluence)

Bias: Bullish

Strategy: Trend continuation within channel (15M & 1H confluence)

Setup: Buy $3,085–$3,090 → TP1 $3,105 → TP2 $3,110

why ?

#1D Chart (Top Left):
Elliott Wave Count suggests price is in Wave (5) of a bullish impulse.

A bullish breakout just happened from a bull flag (Wave 4).

RSI: Overbought (74) — caution of potential short-term pullback, but momentum remains strong.

#4H Chart (Top Right):
Strong impulse wave forming post corrective ABC.

Currently in sub-wave (5) — upside continuation likely toward $3,110–$3,120 before potential exhaustion.

#1H Chart (Bottom Right):
Inside a rising parallel channel.

Breakout from small range (flag) just occurred.

Expect continuation toward top of channel (~$3,110) if momentum continues.

#15M Chart (Bottom Left):
Clean structure of higher lows, ascending trendline support.

Strong bullish reaction from recent consolidation = likely institutional demand.