I’m the first m*********r on the block for the cheese & I’m the last m********r to leave. (Geto Boys)
Fresh count for the bear.

That Holding Direction Down thick Blue is 95 pips up from the recent swing low. The depth is what a liquidity break would be expected to max out at (stats). That’s where price got to during the Powel relief counter rally (see arrows).
After the volatility hook back it is clear now that 3 volatility crossback culmination waves down got optioned for the bears, see the Green number rolling back to zero.

No I did not just invent this plot today.
if (dir[1]>0 && redcount[1]<4){
ObjectCreate("ENVELOPEt"+IntegerToString(i), OBJ_TREND, 0, Time[10], iLow(symbol,0,iLowest(symbol,0,MODE_LOW,90,0))+955*Point, Time[0], iLow(symbol,0,iLowest(symbol,0,MODE_LOW,90,0))+955*Point);
ObjectSetInteger(0,"ENVELOPEt"+IntegerToString(i),OBJPROP_COLOR,clrBlue);
ObjectSet("ENVELOPEt"+IntegerToString(i),OBJPROP_BACK,1);
ObjectSet("ENVELOPEt"+IntegerToString(i),OBJPROP_RAY_RIGHT,1);
ObjectSet("ENVELOPEt"+IntegerToString(i),OBJPROP_WIDTH,19);
ObjectCreate("ENVELOPEd"+IntegerToString(i), OBJ_TEXT, 0, Time[0], iLow(symbol,0,iLowest(symbol,0,MODE_LOW,90,0))+995*Point);
ObjectSetText("ENVELOPEd"+IntegerToString(i), " HOLDING DIR DOWN", 22, "Arial Black", clrMagenta);
}
if (dir[1]<0 && greencount[1]<4){
ObjectCreate("ENVELOPEt"+IntegerToString(i), OBJ_TREND, 0, Time[10], iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,90,0))-955*Point, Time[0], iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,90,0))-955*Point);
ObjectSetInteger(0,"ENVELOPEt"+IntegerToString(i),OBJPROP_COLOR,clrBlue);
ObjectSet("ENVELOPEt"+IntegerToString(i),OBJPROP_BACK,1);
ObjectSet("ENVELOPEt"+IntegerToString(i),OBJPROP_RAY_RIGHT,1);
ObjectSet("ENVELOPEt"+IntegerToString(i),OBJPROP_WIDTH,19);
ObjectCreate("ENVELOPEd"+IntegerToString(i), OBJ_TEXT, 0, Time[0], iHigh(symbol,0,iHighest(symbol,0,MODE_HIGH,90,0))-955*Point);
ObjectSetText("ENVELOPEd"+IntegerToString(i), " HOLDING DIR UP", 22, "Arial Black", clrMagenta);
}
Where are you wrong? After 4 30-minute closes above 1.06185 something else is up.
Today I brought music for everyone so that there’ll be no fighting.