The Hero indicator shows a buying signal, and the MasterCycle indicator is above the bullish cloud. With the resistance break and the new support area to be tested , we might witness a short-term uptrend.
My buying scenario involves breaking below the support area and then bouncing back up. The MasterCycle indicator signals a downward trend as long as it's under its cloud. However, when candle movements are in areas below 25, the MasterCycle indicator indicates the best entry point with optimal risk-to-reward ratio.
Breaking the spear downwards and collecting liquidity can be a good buying opportunity.
If you' miss the buy signal, the best entry point could be on the Hero indicator support. With proper support, the price can break its upper resistance.
If you're looking to open a long position, point 1 could be the best entry area if enough support is there. For opening a short position, you can enter a sell if the price rejects from the Hero indicator.