In the previous idea we said that a break of the trend line and the upper boundary of the trading range would be good buying opportunities. As a result, we see that the price has reached our targets. Now we can identify the key level on the chart, which acts as resistance.
In the case of a squeeze and breakout, a good buying opportunity may arise. I want to warn you that false breakouts are possible.
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P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
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