For purchase — impulse in 1 week, 1 day — no additional sellers volumes in tue and Wed — Wed was closed without sellers pressure — 2681 - as a support + POC of WED and Tue is down
Complicates purchase — restraining volumes on historical high 2696 — in 15 minutes 2672 was not repositioned up — weekly POC is under resistance of this week 2696
Conclusion: 2680 - support on Wednesday without moving Weekly Poc down. Overnight volumes are empty + closing near 2681. But 1 week +1 day - impulse up, so on no additional sellings yestarday inside intraday trading market gets again under higher timeframe influence. To keep growth need to move weekly POC down on 2684 ( Tue and Wed volume core)
Task of the Thursday: fix 2684 as a support ( better with moving there weeklly POC) + realization after fixing the 2681 as a support to 2693 - 2697
Positive scenario: 2684 - fixed as a support and keep growing to 2697 - no reaction lower 2693 - may achieve 2704 Negative scenario: achieving 2693 early - sellings to 2484 and all day volatility in that range Cancel purchase: big sellers presssure under 2693 - so market can't hold 2684 as a support - the next level will be 2677-2672
Key: check how market reacts on 2693 and what scenario will go further