Consider this just an idea, IF the scenario happens, we will have an interesting setup to take, and if not, we don't do anything, and that's always good for your trading capital.
Main items we can see on the chart:
a) The price was inside a compression
b) Currently, we can see a bearish breakout of the previous structure
c) This doesn't mean that the price should start a new bearish trend. The price has been on a bullish movement since APRIL; we need confirmations first.
d) That's the reason we will wait for a clear pullback to the broken structure. IF that happens, we will trade towards the next support zone.
Main items we can see on the chart:
a) The price was inside a compression
b) Currently, we can see a bearish breakout of the previous structure
c) This doesn't mean that the price should start a new bearish trend. The price has been on a bullish movement since APRIL; we need confirmations first.
d) That's the reason we will wait for a clear pullback to the broken structure. IF that happens, we will trade towards the next support zone.