Why the Buy?
1. Daily Support Level
Price reached a strong daily support zone. The market reacted here instead of breaking lower, this is the first sign buyers were stepping in.
2. 4-Hour Timeframe: CRT Setup
On the 4H chart, a clear CRT (reversal/continuation setup) formed after the drop. This gave the higher-timeframe confirmation that the down-move was likely losing steam.
3. 15-Minute Entry Triggers (where you actually entered):
- Market Structure Shift (MSS) : Price broke the recent lower highs and started making higher highs/lows — the downtrend structure changed to bullish.
- Liquidity available: There were sell-side stops below the lows ready to be taken (fuel for the upward move).
- POI (Point of Interest): entered at a high-probability area (likely an order block on 15m).
Entry Goal: Ride the move up to take out the CRT high (the recent significant high on the 4H).
