On the daily chart, the price is at the lower boundary of the sideways range. Yesterday's trading day favored the buyer with decreasing volume. On the hourly chart, the buyer resumed from the key impulse bar and twice attempted to breach the level of 4259.2 on volume but failed to do so effectively (failed to close an hourly candle above the level). The buyer...
On the daily chart, the price interacted with the lower boundary of the sideways range on decreasing volume. The buyer has not yet made a strong presence. On the hourly chart, a buyer's zone has formed at the lower boundary of the sideways range. It is more favorable to seek short positions from the daily candle of October 19, 2023, as previously mentioned....
The daily candle on October 22, 2023, closed above 29695, making it more favorable to look for long positions at the beginning of the week. As a result, on the daily chart, the price has effectively exited the sideways range. As long as the price on the daily chart remains above the boundary of the range, it is preferable to seek long positions, assuming that the...
On the weekly chart, we've been in a sideways range since March, and the long vector 6-7 has played out. We are waiting for the appearance of sellers at current levels, possibly at 31000, or when the price interacts with the maximum at point 5 of the sideways range. Currently, there are no conditions to open short positions. On the daily chart we also have a...
On the weekly chart, there was a sideways range from which a trend emerged (two impulses). Price returned to this sideways range five weeks ago, and no weekly candle has managed to close above the range boundary. There is a high probability that the price will test the lower boundary of the range at 3636. On the daily chart, the price is within a sideways range,...
In keeping with the idea outlined in the linked post, I wrote about the possibility of an aggressive short trade from the 4340.75 defense. Such an opportunity did indeed arise. Explanations for the diagram. After the seller defended the level, the price updated the local minimum, which means it reached the mandatory target for a short trade. Since the deal was...
On the daily chart, the instrument is trading within a range. The long vector from point 7 has been played out. There are several seller zones at the upper boundary of the range. From the first of these zones, the price has interacted twice, but the seller has not yet shown significant activity. On the hourly chart, the price has broken out of the range and,...
On the daily chart, the price has returned to the current range (gray line) and touched the buyer's zone at the lower boundary of the range. Over the course of 7 days, there was accumulation at the upper boundary of the range, and the short vector 6-7 in the daily range has played out. However, the buyer has not shown significant activity after touching their...
In the daily chart, the price is trading outside the upper boundary of the range (gray line) and is interacting with the lower boundary of the previous daily range. The current daily range has 5 confirmed points. On the hourly chart, the price is within its own range with 7 confirmed points. The current vector in the long side of the range extends to point 7. A...