EURUSD: long setup from daily resistance at 1.17218

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EURUSD: long setup from daily resistance at 1.17218EUR/USDOANDA:EURUSDThe_Traders_HouseAfter breaking the 1.16549 level, the EURUSD asset showed strength with yesterday's false breakdown of this exact mark, followed by a confident move up to the local resistance at 1.17218. This new level was clearly confirmed yesterday with a pip-for-pip test. The most attractive factor in this setup is the completely clean zone for upward movement above 1.17218. The price is currently far from the level, but it is definitely worth keeping on the radar. I want to see accumulation below the resistance and at least one more precise test. Only after that will I look for my long entry point, if the market provides one. PRO-THESIS FACTORS: liquidity vacuum beyond level volatility contraction on approach close retest prolonged consolidation precise level testing price compression (Squeeze) Leave your thoughts on the setup in the comments. Follow this profile to monitor all upcoming ideas.