CASE 1: Take a look at the first two images. you will notice a DOUBLE TOUCH on the downside trendline that means these recent days could have been the THIRD TOUCH, still meaning that we may have a retracement before the breakout from the trendline. Which could mark the beginning of an UPTREND.
But i recommend patience to see what will happen after the consolidation. It will give the biggest picture of what's going to happen next.
CASE 2: As the price may still break out above the trendline after the consolidation, then you will buy the breakout. Observe the last image.
NOW, WHEN TO BUY?
possible zone to buy is on the FVG formed after the impulsive move to create the 3rd TOUCH.
Around: $2.2118-$2.1847
Or you may take a buy after the breakout, but for now, just stay patient
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