This is totally a buy setup, but no one seems to care, they are refusing to buy.

The BB width is at its lowest, from here on the volatility should start expanding, and the direction… does not look like it would be upwards.

The best clue is on the 200-sample Vax.

Can you see how the red line has been below the purple horizontal line (meaning price above S3), but the green is starting to penetrate the zone itself (time out) promoting the possibility of a switch-off and the start of the compression of the upside volatility.

It would take a 20-pip move to find itself below the daily E-9 band (E-207 hourly, the two spring green lines above) and from then on… you could have a 9-12 days disconnect and keeping away.

If anything you seem to be finding acceptance near the oversold field.

I am not certain that the professional volume print (cyan) wasn’t a big sell.

A spike low, but no rally commencing.

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#55 is dub step, house, trap, Eurodisco and R&B.