Index Price: Currently at 24,382.20, down -80.05 points (-0.33%).
Timeframe: 4-hour intervals.
Trend: The recent trend appears bullish, as indicated by higher highs (HH) and higher lows (HL).
Key Technical Elements
Market Structure Labels:
LL (Lower Low), LH (Lower High), HL (Higher Low), HH (Higher High): These mark the shift in trend, showing a transition from a bearish structure (early 2025) to a bullish one (April onwards).
CHoCH (Change of Character): Marks a change in market trend direction — these yellow labels are used where the market transitions from bearish to bullish.
BOS (Break of Structure): Indicates significant support/resistance levels being broken
Timeframe: 4-hour intervals.
Trend: The recent trend appears bullish, as indicated by higher highs (HH) and higher lows (HL).
Key Technical Elements
Market Structure Labels:
LL (Lower Low), LH (Lower High), HL (Higher Low), HH (Higher High): These mark the shift in trend, showing a transition from a bearish structure (early 2025) to a bullish one (April onwards).
CHoCH (Change of Character): Marks a change in market trend direction — these yellow labels are used where the market transitions from bearish to bullish.
BOS (Break of Structure): Indicates significant support/resistance levels being broken
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.