Long thesis

Structure: the settled previous-week VAL at $76,970 (Tier 1) — an obvious, pre-existing level with stops clustered beneath — was swept to $76,909.9 and reclaimed. Trigger: the 22:00 UTC 15-minute candle (O 77,051.0 / L 76,909.9 / C 77,119.0), machine-confirmed as CLOSED, wicked below pwVAL and closed back above it; the 22:10 5m up-close corroborates the reclaim, and entry at 77,123 is at the reclaim close, not an extension. Corroboration: CCV bias reads long, funding is slightly negative (shorts paying), 4h CVD is confirming_up, OI flat into the sweep (shorts covering backdrop, so no trapped-long overhead), and price is holding above dVAL 76,675 and D-Open 76,494 — the 5m delta is mildly negative into the wick, exactly the non-confirmation of the new low that supports the reversal. Stop $76,750 sits ~0.2%+ below the sweep wick as the method requires; T1 is the developing dPOC $77,337.5 (nearest meaningful structure), T2 the daily VWAP $77,629.2 (session fair value, the classic first objective on an SFP reclaim), T3 the developing dVAH $78,096. R:R entry→T2 is ~506/373 ≈ 1.36:1, in the 1–2 band, so I invoke the named SFP reaction statistic (62% chance of a reaction/reversal from the low that made the pattern) — its preconditions hold here: a defined swept level, a wick beyond it, and a confirmed close back inside with tight invalidation. Trade is with the CCV long bias, and this book's open short has already booked T1 so the opposite side is permitted.