See chart - technical analysis of consolidation daily after impulse is moving into the buy zone - this is a combination of confluence points, wave analysis and time/duration of consolidation. However, always note that 'entering a buy zone' does not mean 'click a long trade' -- this is an 'area' where I will look for and begin to take buy setups on the lower TFs. Happy Trading!!
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we broke the trendline and now consolidating.. let the consolidation finish and look for buy setup to target above - structure has not changed.. look for the buy!
