As mentioned, this is a long setup idea for the August 2026 run that could potentially test the Week 29 High or the major swing level marked in the purple box.

The price action is playing out nicely with a Break of Structure, pointing to a possible bull run to back up this buying setup, even though past bearish moves cleanly broke previous quarterly lows. Keep in mind there is also potential for a liquidity sweep at the W31 low before the upward move triggers. As always, this is just a trade setup and not official advice. Please trade mindfully and stick to your own trading bias.