A A strong Range Phase, holding price for the past few weeks. A break from this range could be an indication of a major breakout but do always prepare for the possibility of fake breakout.
B Preparation for the possibility of price playing an extension and back into the range.
C Buy structure for holding current price. Lookout when a break and retest signal activates, it may be the earliest indication that price is deciding to move further down to the next decision point.
B Preparation for the possibility of price playing an extension and back into the range.
C Buy structure for holding current price. Lookout when a break and retest signal activates, it may be the earliest indication that price is deciding to move further down to the next decision point.