Interesting is, entry and exit of consolidation is the same price (marked with blue and teal arrows).
Setup: I want to ride that incoming long wave. In the past the breakouts were at least 10-15 up to 40 and more USD.
Entry trigger: If price drops to entry level of consolidation, thats when I pull the trigger. Since we are chasing higher ATH here, it is hard to predict where we will end up, so I will go with an trailing stop as soon as we are even.
Good luck and remember:
Only trade what YOU agree. I am not a wizard, able to foresee the future!
Trade what you see, not what you think