Currently in a 4H range, price recently formed a double top at this resistance zone and it's possible that price can drop to this support zone to create a double bottom. If this happens and a reversal pattern forms (on a lower time frame), wait for the pattern to fully form and enter after the breakout. However, if price breaks through either zone, wait for a retest before entering a trade in the direction that price is going in.
Beyond Technical AnalysisbreakandretestbreakouttradingChart PatternsCHFJPYmarketstructureTrend Analysisyenpairs

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