The security is trading in a range. The s security is consolidating between 44 and 26 and needs to wait for the Pair to break beyond this level, If the pair breaks on either side, the following are the conditions that must be followed.

If the breakout is on the upside the security has to close above 44 levels, wait for one candle to close above this level, and if it can close above the mentioned level start buying.

If the RSI is trading above 73 ignore the breakout.

If the breakout is on the downside the security has to close below 26 levels, wait for one candle to close below the level, and if it can close below the mentioned level start selling.

Reactangle

Dec 22 2023