The last break we can interpret as reaching the liquidity zone (which means that there was a concentration of stop losses and other positions) is a book example, after such a liquidity selection we expect an upward movement. In this case we saw an impulse movement and a return to the range of 26800 -28900-31000. And now we are around 27k.
Also we see liquidity zones from below, which we can reach both at the top ( red box) and at the bottom ( green box).
What's the global picture right now, 5 …