NEM 15M Bullish Continuation Confirmed (Lucky MTF)

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NEM 15M Bullish Continuation Confirmed (Lucky MTF)Newmont CorporationBATS:NEMdevongilreath1NEM on the 15-minute chart is showing a confirmed bullish continuation setup, with multiple layers of confluence aligning through the Lucky MTF indicator. What the data is showing: πŸ“Š Trade Probability Score: 70 (Good Setup) β†’ strong, actionable setup πŸ’ͺ Trend Strength Score: 60 β†’ stable, developing trend πŸ”Š Relative Volume: 2.44Γ— β†’ strong participation driving the move πŸ“ˆ RS vs QQQ/SPY: Positive β†’ outperforming the broader market πŸš€ Opening Range Breakout: ABOVE β†’ intraday strength confirmed βš–οΈ Price holding near VWAP (~113.77) β†’ key level being defended 🟒 Multi-timeframe alignment improving across intraday levels 🧠 What this means This is a textbook example of: ➑️ Breakout β†’ continuation β†’ controlled pullback β†’ potential next leg higher The move is being supported by: - Increasing probability - Strong relative volume - Improving relative strength - Clean trend structure (higher lows + support holding) ⚑ Structure and confirmation πŸ“ˆ Higher lows continue to form 🟒 Price holding above VWAP and short-term moving averages πŸ”„ UT Bot and Supertrend remain aligned with trend direction This is not a reversal setup ➑️ This is continuation with confirmation ⚠️ What to watch - Holding above VWAP is critical - Loss of structure or VWAP could shift this into consolidation - Higher timeframe bias remains mixed, so manage expectations 🧭 Current stance - Bias: Bullish - Action: Favor continuation setups and pullbacks - Invalidation: Break below VWAP / loss of higher low structure πŸ“Š Why this matters - The strength of this setup is not just the move, but the confluence behind it: - 12-factor probability model - Multi-timeframe agreement - Volume + relative strength confirmation - Built-in structure and risk framework ➑️ Trend + Probability + Confirmation πŸ‘‰ It’s free: