The faint blue lines shows that candlestick movement of the daily market are still in the consolidated zone.
- Currently, market are still making greater highs. (You can see in the black bolded lines - This are signs of an uptrend)
- A gradual bull trend line is present and is only invalidated if market breaks the purple line.
All in all, market looks like it have a higher probability on a greater bullish climb.
EmoticonEmoticon