XLMUSD — Bullish Continuation Valid While Red B HoldsFrom the top-down view, XLM completed a deep corrective structure that bottomed inside the previous WCL (blue box). The current sequence builds a new bullish cycle , with the red ABC wave mapping cleanly against both structural and liquidity geometry.
Price reacted strongly from the red BC demand zone , producing a local yellow ABC micro-sequence. The setup anticipates continuation toward the upper WCL region (0.38 – 0.42) .
The re-entry area sits near the mid-trend retest—confirmation required via MSS + FVG displacement.
Invalidation:
This idea remains bullish until the red B low is broken . Violation of that pivot voids the wave count and resumes the broader correction.
Strengths: – Multi-timeframe alignment (macro + micro)
– BC demand reaction with displacement
– Defined invalidation under red B (lowest-risk logical stop)
Weaknesses:
– Correlation drag if majors retrace
– Shallow pullbacks may induce premature MSS signals
Summary:
Bulls control the rhythm while red B stands. Break B — and the music stops.
