Thèse Long

Structure: a swept, pre-existing HTF level — pwVAL $76,970 (settled previous-week value-area low), stacked with the developing mVAL $77,115 and just above the developing month low $76,178.9 region. The 12:30 candle flushed to $76,603.8, taking out the stops resting below the previous-week VAL, and price spent only a couple of candles below before re-entering. Trigger: the 30m candle that CLOSED at 14:00 UTC (O $76,865.1 H $77,174.0 L $76,700.0 C $77,118.0) opened BELOW pwVAL/mVAL and CLOSED ABOVE both — a sweep-reclaim / failed-auction reclaim close back across the swept level, per TRIGGER FACTS and the NAMED-TF LEVEL FACTS. Corroboration is separate from the trigger: CCV bias reads long_bias with acceptance armed (price opened the day above and dipped below developing value, now reclaiming), funding is only mildly positive (+0.0064%, no crowded long), open interest is building into the flush (new shorts under the level = trapped shorts on the reclaim), and the higher-timeframe monthly candle closed strongly up with the weekly still holding above pwVAL. Entry at/just past the reclaim close; stop $76,400 sits beyond the $76,603.8 sweep wick with a ~0.25% buffer (off the obvious liquidity spot), so I am wrong if the auction did not actually fail. T1 $77,682 = pmVAH, the nearest meaningful settled HTF structure overhead; T2 $78,733.5 = wPOC / previous-day POC and the nearest naked day POC above — the main objective and value magnet; T3 $79,706.5 = pwPOC, the next major level beyond. Risk to stop is $765, reward to T2 is $1,568 — ~2.05:1, clearing the floor honestly with no widening. T1 fraction kept at 15% because pmVAH is a real level but the objective is the POC magnet above it.