• Price is consolidating
• A resistance turned into support at 1.1696
• sentiment is fading. We need a breakout of the
Always wait for confirmation from your indicators.
Once a breakout takes place, indicators must confirm it!
• Breakout Pivotal Bars – the breakout candle is coloured green
• Sentiment Index – at the time of the breakout, the Sentiment Index broke out its trendline as well
• Levels and Zones – price is above a support
Add the three rules together and you always have a very good setup