While at the same time it is now constantly getting rejected at the neckline.
I have the marked the trade idea as a "Buy Signal" because the pair is still absorbing the supply with good momentum.
However, I would be trading in whichever direction the price breaks out.
The box can be used for Breakout and SL.
TPs marked on the chart.
Here is how the looks:
Please do let me know your thoughts.