CBRA V3 Bullish setup on GEGE AerospaceBATS:GEA22_CBRAGE Aerospace (GE) has been in a strong long-term uptrend, but recent price action shows a corrective phase that is now approaching a key confluence zone. From a technical standpoint: ▶️ The broader structure remains bullish, with price trading above the 50/100-week EMAs ▶️ The recent pullback has brought price back toward the lower Bollinger Band, indicating a potential volatility compression after expansion ▶️ Price is now interacting with a key demand zone formed between May–July of last year (previous order block), which acted as the base for the prior impulsive leg higher ▶️ This area also aligns with the 20/50-week EMA region, creating a strong technical confluence Momentum-wise: ▶️ RSI has moved out of oversold territory and is starting to curl higher, suggesting a potential shift from downside momentum to stabilization/recovery ⸻ 📊 𝐂𝐨𝐧𝐭𝐞𝐱𝐭 The current setup reflects a pullback into support within an ongoing uptrend. This is not a reversal scenario — it is a potential continuation zone. In simple terms: “Price is returning to an area where buyers previously stepped in.” ⸻ 📊 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐛𝐞𝐡𝐚𝐯𝐢𝐨𝐫 Looking left: ▶️ Similar pullbacks into the EMA + Bollinger support zone have led to continuation moves higher ▶️ Previous reactions from this order block area resulted in strong upside expansions ▶️ The trend has consistently respected dynamic support during corrections ⸻ 🎯 𝐓𝐫𝐚𝐝𝐞 𝐢𝐝𝐞𝐚 (𝐋𝐎𝐍𝐆) This is a trend-continuation setup. The idea: ▶️ Position near support confluence (EMA + BB + prior demand zone) ▶️ Anticipate a bounce / continuation toward prior highs ▶️ Risk defined below the structure if support fails ⸻ 🧠 𝐋𝐞𝐧𝐬 ⤴️ Trend = bullish ⏬ Condition = pullback into support ⤴️ Opportunity = continuation from demand zone ⸻ Key level to watch: If price holds this zone and builds structure, continuation becomes the higher-probability path. A breakdown below would invalidate the setup and open room for deeper retracement. Happy pip hunting!