As we get tighter and tighter that’s what we’re focused on as the buildup in pressure will eventually lead to a breakout. In order to avoid possible false breakouts, we’re also going to wait for a close above the upper slope before we actually buy.
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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.