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$AVGO just broke a 4h high on triple the usual volume, after a double bottom where sellers ran dry. I'm leaning long. But I'm not chasing this candle. I'm waiting for a pullback into the level it just cleared. Why wait? The lower timeframes are already overheated. Late October ground lower. A second test of the lows came on fading volume, then the breakout. What lines up: - All four technical methods (ICT, Wyckoff, Elliott, divergence) point long - The broken 4h high, the 4h 50 EMA, an unfilled gap and the 38.2% retrace sit in one zone - My prior short had a re-evaluation trigger. A volume breakout above that 4h high. It fired. When independent reasons stack on one shelf, a retest there matters. Divergence view: on the 12h, price made three lower lows while RSI and the MACD histogram kept rising. The histogram flipped positive. Selling pressure is fading, and the 4h rally shows no bearish divergence. Where I'm wrong: a 4h close below the base the breakout started from. That means the breakout failed and the downtrend resumes. Risks: the daily trend is still down, with overhead resistance. AMD earnings and the US midterm results could gap price straight past the zone. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.

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