HTF 4h shows a sharp recovery off the ~64 low in late March, with price now trading near 91-92 — reclaiming the prior ~90 resistance cluster and pushing to multi-month highs. The last three days on the 1h chart show a strong momentum leg from ~70 to ~92, with expanding volume on each up-day (Apr 15: 19M, Apr 16: 16M, Apr 17: 11M bars). Today's open printed 89.61-92.38 and current price is 91.77, consolidating just below the morning high of 92.38. The structure is a breakout continuation — price holding above the 90 level that was resistance throughout March. Catalyst is structural (SEC day-trading rule change, Mizuho PT raise) not one-day news. Options flow shows active 92C and 95C buying on the weekly, and the large 85C block on May-15 expiry is a bullish position. Net flow is slightly net bearish in premium but the big call buys at 92/95 intraday are directional. Stop placed below the 88.5 gap-fill zone which would negate the breakout thesis. Target at 100 aligns with the next round-number resistance and prior HTF support from early February.
📍 Entry: 91.77
🛑 Stop: 88.5
🎯 Target: 100
⚖️ R:R: 2.52
📍 Entry: 91.77
🛑 Stop: 88.5
🎯 Target: 100
⚖️ R:R: 2.52
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monk.trade — Trade setups and market intelligence
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.