$PSG RANGE COMPRESSION BREAKOUT LOADING?
PSG
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$PSG is trading inside a tight 0.71–0.75 range after a sharp volatility spike earlier. On the 1H structure, price is forming short-term higher lows while repeatedly testing the 0.74 resistance zone. This kind of compression usually leads to expansion. If bulls secure a clean close above 0.75 with volume support, momentum can accelerate toward the 0.78–0.80 liquidity pocket. However, a rejection and loss of 0.71 would shift bias back to downside continuation.
No random entries — wait for confirmation at the edge of the range.
Trade Setup (Breakout Strategy)
Long Entry: Above 0.752 breakout
TP1: 0.775
TP2: 0.800
TP3: 0.835
SL: 0.718
Alternative Short Entry: Below 0.708
TP1: 0.690
TP2: 0.665
SL: 0.725
Leverage: 5x–8x max, controlled risk only.