The price is currently consolidating within a defined range (marked by the purple box).
Anticipating a bullish breakout above this range to initiate a long position.
2. Entry Condition:
Enter a long trade only after retesting middle of box followed by the 4-hour candlestick closes decisively above the upper boundary of the purple box (approximately above 143.75 based on the chart).
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Disclaimer
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.