I don’t know & I don’t undestand.

16 hours of attaining no counter directional volatility expansion is a call for a continuation entry.

You can always find a level afterwards that was nearby at the time. This is why I told you that time was more important than any price level.

But what’s your edge from there on? Taking price oversold yet again (now within the new consolidation range)? Below the zero price becomes overbought again (need to change those labels).

imagine numbers above the candles in the box

Squeeze highight (16 sample range that is less than 1/2 fluctuation size in width)

if (iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,15,i))-iLow(symbol,0,iLowest(symbol,0,MODE_LOW,15,i))<360*Point && iLow(symbol,0,i+15)<iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_LOWER,i+15) &&  iLow(symbol,0,i+14)<iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_LOWER,i+14) 
    && iLow(symbol,0,iLowest(symbol,0,MODE_LOW,3,i+11))>iBands(symbol,0,30,2,0,PRICE_MEDIAN,MODE_LOWER,i+11) 
   && iLow(symbol,0,iLowest(symbol,0,MODE_LOW,3,i+12))<iLow(symbol,0,iLowest(symbol,0,MODE_LOW,10,i))
   //
   
   ){
       ObjectCreate("Frier"+DoubleToStr(i), OBJ_RECTANGLE, 0, Time[i+15], iLow(symbol,0,iLowest(symbol,0,MODE_LOW,15,i)), Time[i], iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,15,i)));
         ObjectSetInteger(0,"Frier"+DoubleToStr(i),OBJPROP_COLOR,clrCrimson);
         ObjectSetInteger(0,"Frier"+DoubleToStr(i),OBJPROP_BACK,0);
         ObjectSetInteger(0,"Frier"+DoubleToStr(i),OBJPROP_WIDTH,3);
   }

You have just turned 5 waves into 7 costing you 16 tons of hardware. Where do you want to go from here?

Made a support after 5 hours of selling, then broke it. Made another support after 10 hours of selling. That is the current range.

A lower low come Sunday is quite possible, but the “return home” Weekly S1 move could be considered complete.

Apologies for saying that there would be an opex this Friday. The next one is on the 19th of May.