$AMAT just broke the short downtrend of lower highs it was stuck in. I lean long, but I'm not chasing this candle. I'm waiting for a pullback into the area where an untested 1h gap, the retracement of the latest leg and the 12h EMA20 overlap. Context: price defended the low twice, then ripped through the prior lower high and an old swing low on the 4h. That flipped short-term structure. The daily trend is still down, below the 20, 50 and 200 EMAs. Why the overlap matters: - Three of four technical methods (ICT, Wyckoff, Elliott) point up. - The 4h impulse passes every wave rule, with a fifth wave still open. - Divergence at the high suggests a dip first, so a limit order beats a market buy. Wyckoff read: selling climax on heavy volume, a lower-volume retest, then a sign of strength through the first rally high. The pullback held above that line and bounced hard. That looks like late accumulation, early Phase D. I'm wrong if a 4h close falls back below that first rally high. Then the breakout failed and the double-bottom retest is back in play. Risks: earnings land inside the holding window, so a gap can skip my stop. A hot CPI pushed the 10-year near 5%. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.