Trading Plan, from Box A there are two options that price can take here. The beauty of this is that these pricing indicators will let you know went the trend has started based on the breakout of the base area (box).
-Bullish - If the price breaks above the box look to trade to the ATS framework fair value. **Note** - The 20 MA is above price and may be a strong resistance barrier. If this happens, then the price could push back down and back through the base trading range.
-Bearish - If the price breaks below the box, look to trade to the ATS framework fair value below.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.