There's a couple ways to play this setup depending on how price progresses.
I've drawn out the zone where price has been stuck in yellow. If we see more rejection at the top of the zone we can look for a consolidation trade and sell back towards the middle and bottom of the zone.
If we break up and above our zone then we can look to enter a buy on either the breakout and close or a breakout and retest of the top of the zone.
In that scenario I've drawn out some partial profit targets on our way to a previous price structure high I'd aim for.
If these scenarios fail to play out I will look to re-evaluate and this setup may become invalidated.
I've drawn out the zone where price has been stuck in yellow. If we see more rejection at the top of the zone we can look for a consolidation trade and sell back towards the middle and bottom of the zone.
If we break up and above our zone then we can look to enter a buy on either the breakout and close or a breakout and retest of the top of the zone.
In that scenario I've drawn out some partial profit targets on our way to a previous price structure high I'd aim for.
If these scenarios fail to play out I will look to re-evaluate and this setup may become invalidated.