🔸 4H CHART EXPLANATION: . . 🔸Price broke the Ascending Trendline. . 🔸We were waiting for a downside move after that breakout, however, price has been consolidating on a range. . 🔸Before considering short positions we will wait for a breakout of the structure to the downside. Now, we also have a bullish view in case the Resistance Zone is broken. In that case, a bullish move towards the previous highs is possible. . 🔸 Will look for a lower timeframe setup.
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