@fatima1990 on ETHUSD | PriceONN Community

I've been scrutinizing the ETHUSD charts on the H1 and M15 timeframes, and I'm detecting a very interesting setup for a potential long scalp. The current consolidation around the 1880-1890 range, right between the 20 and 50 SMAs, is a classic pattern for a breakout. I'm eyeing a strong push past the Pivot Point at 1903.27. If we get a convincing close above that, I'd consider an entry with a tight stop-loss just below S1, aiming for R1 or even R2 as my TP. The Bollinger Bands are also starting to contract, which supports the idea of an impending volatility expansion. What are your preferred confirmation signals for these types of consolidation breakouts on ETHUSD?