🇺🇸US jobless claims hit 214,000 for the week ending Dec 20, lower than the expected 224,000! 📉

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$PI is currently trading inside a tight triangle structure on the 1H chart, showing clear compression after the recent downside move. Price is making higher lows while facing consistent rejection near the upper trendline — a classic pressure-building setup. This kind of structure usually doesn’t last long.

Right now, the market is waiting for confirmation.

Bullish scenario:
• Clean breakout and close above 0.206–0.208
• Opens room toward 0.212 → 0.217

Bearish scenario:
• Breakdown below 0.202
• Pullback likely toward 0.198 → 0.195

As long as price stays inside this triangle, patience is key. The real move starts after the structure breaks — not before.

Watch the candle close. That’s where the answer is.

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