Current facts on the chart:

• prolonged base (consolidation)
  
• close retest
  
• at-level close

Expected conditions:

• volatility contraction on approach

Do you see this setup differently? Let me know your thoughts in the comments.
If this logic aligns with your trading plan, support the idea with a boost!

Disclaimer: This publication is part of my public trading journal. The material is strictly for educational purposes, reflects my market perspective, and is not financial advice.

Trading facts, not expectations.