BTC | 26' Q2 | May wk21 | 4hr chart

** T.A توضیح داده شده **

Multiple Time-Frame Analysis; Color Code:
Strength favors the higher timeframe.
Yearly timeframe = black
Monthly timeframe = pink
weekly = grey
daily = red
4hr = orange
1hr = yellow
15min = blue
5min = green if they are shown. (Level visibility on intervals is set to timeframe the level was found on and below to keep chart view organized.)

Ranges defined
A Range = دو یا بیشتر شمع با رنگ‌های متوالی (دو به‌دو پشت سر هم، یکسان بودن رنگ، محدوده را ایجاد می‌کند)

There are two types of ranges - Accumulation Ranges &
Distribution Ranges.
*A single candle is a range on a lower timeframe. Mark the candle and then find the range / level on a lower timeframe aka "Range Finding".
Some people use boxes and call this boxing finding the zone - supply & demand zones - and marking the entire range top to bottom. This is acceptable but introduces risk by increasing probability of orders getting filled.
Candle Science further defines the zone / range into levels. So. after finding a range, identify and label the first and last candle of the range.

This is Candle Science. Everything has a default expectation and users thinking is guided by IF/THEN statements.
Below are the default expectations for each range and the first and last candle within the range.

DISTRIBUTION RANGES:
When price is above a distribution range its default expectation is to support price accumulation.
The first distribution candle in a distribution range is labeled as the BackSide Candle (BS).
Expectation = strong reaction to price. Look for price action to create long wicks reaching to or away from level. A steep angle trend is expected to form so Fair Value Gaps are expected to form on the timeframe of the level and lower timeframes.
If a steep angle trend is not forming, and long wicks are not being created then the idea is that liquidity is not there, confidence in the level is low. Price Action may then be looking for more liquidity to and seek it out at the FrontSide Candle.

FrontSide (FS) Candle = The last distribution candle in a distribution range.
Expectation = create a low angle accumulation trend reversal.
3 bar reversal patterns laddering up
like the distribution candles are the rungs of an accumulation ladder. price uses the top side of the BackSide Candle or the top side of the FrontSide Candle as support. They are used in bull flags to break distribution trends.

IF price fails to gain a BackSide or FrontSide level THEN they act as RESISTANCE. But we will then train our eyes to look at the bottom side of Accumulation Ranges because they have a default expectation as Resistance.
When Price is below an accumulation candle, the bottom side of the accumulation candle is the level of resistance.

ACCUMULATION RANGES DEFINED:
Inverse BackSide Candle (Inv.BS) = the first accumulation candle in an accumulation range.
Expectation. = strong reaction to price. long wicks reaching to or away from level. Creates a steep angle distribution trend. Usually create F.V.G's and impulsive, volatile moves like the BackSide Candle.

Inverse FrontSide Candle (Inv.FS) = The last accumulation candle in an accumulation range.
Expectation = reversal, create a low angle distribution trend. The bottom side of the accumulation candles are used as resistance levels.