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At the moment, the price is stuck in the middle of the range and there’s no point in jumping the gun: here, it’s all about patience, waiting for the market to give the signal.
The trading strategy remains very simple but must be executed cleanly. On the one hand, I want to see a dip below the lower level, followed by a swift rebound: that would be the classic signal of liquidity absorption and a potential reaction, from which to build a more confident entry.
On the other hand, the alternative is action above the blue box. There, just any break isn’t enough: we need a proper ‘flip’, meaning the price breaks through, stays above and demonstrates acceptance of the level. Only then does it make sense to look for an upward continuation.
Everything in between is noise. Until one of these two scenarios materialises, staying put is already a position.