In the 15-minute timeframe, we can see that the price has changed its trend to bullish. Therefore, we could look for some type of upward reaction to reach our zones of interest in higher timeframes. In this timeframe, we should wait for this range to be liquidated, either by closing above 1994 or by retracing to the zone between 1979 and 1976 to expect some kind of bullish reaction. However, we should always keep in mind the factors that are at play, as we would not be following the main trend, and we should be cautious. Moreover, we should note that the price has only broken to the upside once, so we would need to wait for a double breakout to be more confident about a bullish entry.
