Let’s cut the crap and get straight to the point.
First look at the 4-hour chart. What is currently running is the upward segment after the 3-buy. The yellow box is the maximum range of the 4-hour central axis. There is already a second sell inside the upward line segment, and there is also a potential second sell, which has a certain end expectation. The key is to see whether this upward rebound can break the 44398 high point. If it does not break, it is likely to break the 42500 low point.
This position belongs to the bardo stage, which can go up or down, and the direction is unclear. Of course, the core operation of the bardo stage is essentially the secondary central oscillation.
Looking at the 30-minute chart again, the internal structure of the 4-hour upward line segment can be seen more clearly in the 30-minute chart. It can be seen from the chart that the previous wave of large-volume downward correction was directly pulled back to the central zone by the bulls. It is a small-to-large transition, which makes it more difficult to judge the future trend. The chart shows two high-probability trends. Pay special attention to the yellow trend of not setting a new high twice. It is highly likely to take the 30-minute downward trend type and break the 42,500 low.
When the direction is unclear, the best thing to do is to wait and see, do less and watch more. Keep a flexible position so that you can attack or defend.
The above analysis is for reference only and does not constitute any investment advice!