1. Macro & Bias

• Key Levels (H1 Pivot Points):

– Pivot_R3: 4440.77

– Pivot_R2: 4427.59

– Pivot_R1: 4416.28

– Pivot_PP: 4403.10

– Pivot_S1: 4391.79

– Pivot_S2: 4378.61

– Pivot_S3: 4367.30

• Trend Analysis:

– M5: BEAR | Reason: M5_Close M5_Wick_Upper.

– H1: BEAR | Reason: H1_Close

H1_Wick_Upper.

– H4: NEUTRAL | Reason: H4_Body_Abs < 22.04 (Condition_Weak_Body).

• Alignment Check:

– Alignment: Retracement | Logic: H4(NEUTRAL) vs H1(BEAR) vs M5(BEAR).

• Major Bias Definition:

– Major_Bias: BEAR | Reason: H4_Tag == NEUTRAL, so Major_Bias = H1_Tag.

2. M5-First Engine

• Phase 1: Signal Scan

– Key Level:

– Min(Dist_R1, Dist_S1) = 9.75 <= 3.87, Key = Nearest(Pivot_R1, Pivot_S1) = 4391.79 (Pivot_S1).

– Pre-Filter:

– Filter 1: M5_Body_Abs = 2.70 > 1.04 (Passed).

– Filter 2: Vol_Ratio = 1.14 >= 0.5 (Passed).

– Short Setup Scan:

– Trigger: M5_Low > 4391.79 (Passed).

– Condition Set A (Breakout – Full Alignment):

– Not applicable as Alignment is not Full.

– Condition Set B (Rejection – Pullback/Retracement):

– C1: M5_High >= 4391.79 AND M5_Close M5_High = 4385.05 < 4391.79 (Failed).

– C2: (M5_Close < M5_Open) AND (M5_Wick_Upper Passed.

– Default: No valid setup from Short Setup Scan.

– Reversal Scan:

– Trigger: M5_Low > 4378.61 and M5_High < 4427.59 (Passed).

– Common Constraint: |M5_Close – Key| > 5.81 -> |4382.04 – 4391.79| = 9.75 > 5.81 (Passed).

– Sub-Case B (Bear Reversal/Continuation):

– C1: (M5_Close < M5_Open) AND (M5_Close 4382.04 < 4385.98 (Failed).

– C2: M5_Wick_Upper 0.31 < 1.08 (Passed).

– Default: No valid setup from Reversal Scan.

– Conflict Resolution & Final Selection:

– No valid candidates from any route.

– Output: Signal_Dir=NONE | Type=None | Key=4391.79

3. Execution & Risk Management

• Trigger:

– Status=WAIT | Reason: No valid signal (Signal_Dir=NONE).

4. Final Signal

• Direction Signal: NEUTRAL / WAIT
• Signal Strength: 0
• Last Close (M5): 4382.04
• Support (M5): 4391.79
• Resistance (M5): 4416.28