Hello traders and investors!
On the daily timeframe we see a resumption of buyers from the buyer's zone (blue background) with an upper boundary of 69674.
On the hourly timeframe, a sideways trend has formed, where the buyer's vector 4-5 has already reached the obligatory target. Searching for sales is risky because there is a resumption from the buyer's zone on the daily timeframe. It is not systematic to look for purchases at the upper boundary of the sideways.
It is better to look for purchases at the lower boundary of the sideways trend, for example, from the buyer's protection levels at 69071, 67518.
Sales are advisable to look for below the level of 67518 as an idea for implementing the seller's vector 9-10 of the sideways trend on the daily timeframe with the first target at 64493 (second - 60775).
As before, I am waiting for a repeated interaction of the price with the level of 72419.
By the way, purchases could be found yesterday on the 30-minute timeframe (see the chart).
On the daily timeframe we see a resumption of buyers from the buyer's zone (blue background) with an upper boundary of 69674.
On the hourly timeframe, a sideways trend has formed, where the buyer's vector 4-5 has already reached the obligatory target. Searching for sales is risky because there is a resumption from the buyer's zone on the daily timeframe. It is not systematic to look for purchases at the upper boundary of the sideways.
It is better to look for purchases at the lower boundary of the sideways trend, for example, from the buyer's protection levels at 69071, 67518.
Sales are advisable to look for below the level of 67518 as an idea for implementing the seller's vector 9-10 of the sideways trend on the daily timeframe with the first target at 64493 (second - 60775).
As before, I am waiting for a repeated interaction of the price with the level of 72419.
By the way, purchases could be found yesterday on the 30-minute timeframe (see the chart).
Good luck with your trading!
