$H Bullish recovery after sharp downside wick and fast demand reaction near key support.



I’m seeing a strong liquidity sweep below 0.160 followed by immediate absorption. Price dipped hard, printed a long lower wick, and quickly reclaimed 0.163. That kind of rejection tells me sellers exhausted and buyers stepped in with intention.

On the 1H chart, structure shows a higher low forming after the flush toward 0.157. We pushed up to 0.176, pulled back, and now we’re stabilizing above 0.162–0.163. Holding above this zone keeps short-term momentum intact.

I’m not chasing the spike. I’m positioning around structure.

Market Read:
Liquidity below 0.160 taken. Higher low structure forming. Buyers defending 0.161–0.163 zone. If 0.176 breaks with volume, expansion continues.

Entry Point:
I’m interested in 0.1620 – 0.1640 on controlled pullbacks and tight consolidation.

Target Point:
TP1: 0.1765
TP2: 0.1850
TP3: 0.2000

Stop Loss:
0.1570 (below liquidity sweep and structural invalidation)

How it’s possible:
If price keeps printing higher lows above 0.161 and builds pressure under 0.176 resistance, breakout traders will enter while short positions get squeezed. That combination can drive momentum toward 0.18+ quickly. The range above 0.176 looks thin, meaning once it clears, upside can accelerate.

Risk is defined. Structure is clear. Momentum is rebuilding.

Let’s go and Trade now $H
H-2,77%
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