We are watching a breakout of the trendline, with a manipulative liquidity grab from below.
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After the impulse, we moved into accumulation. I expect a breakout to continue the trend.
The asset is showing relative strength: within the current range, signs of re-accumulation are visible💪
Break of the trendline to short in a downtrend. Stop behind the nearest high.
Great reaction from the shadow zone, expecting the uptrend to continue.
Strong volatility, entry at the top of the consolidation, stop with a buffer.
Strong volatility, entry from the nearest low or the bottom of the range.
Entry on a breakout of a cascade of resistance levels for liquidity.
Good formation to take a long after the breakout. Retest done.
I view this formation as accumulation before an impulsive upward move.
Positive liquidations, rising trend. I'll consider a long along the move.
Activity on the instrument persists, so it makes sense to go long.
