🐳 Analyzing the Plan update on July 13
📌 First, everyone, please pay attention to the things in the picture. Includes 2 trendlines, 2 support zones, 2 price zones and candles
🔹Since it's a structure, there will be at least 2 scenarios for the trend, so if you don't understand, ask, don't just guess or guess randomly.
🔹Hours 4 from June 7 until now are operating in the discount trendline.
🔹In D1 frame we have the liquidity trendline and the current lowest is at 53,300.
🔹The support area 60,100,61,000 has a cumulative value of the previous structure. This is also the area that I consider quite important in the current H4 frame.
👉 I have drawn 2 areas, ie 1 area at 65,800-72,000 which is the peak structure distribution area. And the second zone is the one I suspect will restructure the distribution like the top zone, if it cannot break the support zone above and surpass it. That's why I told you, it will try to check again there and see the reaction in that touching area. As for the trend, I wrote it in an old article, please take a look again.
🔸The distribution restructuring area, people often understand it by redistribution or re-accumulation area. Briefly understood, it's like it repeats a previous area. So I just boiled it.
✍️As for the market, I often write articles that are shortened, because they are too long and difficult to read, but with enough analysis, they are long. And there is a word limit. So I shortened a lot so you can save time. If you don't understand any part, just ask and I'll answer.
There's a word limit so I'll copy the rest. Have fun reading.