Imho charts can do the work for us of drawing moving averages and pivs which create boundaries.
When price arrives at these boundaries, a trader can pay special attention to the action it displays.
Oftentimes nice obvious moves can emerge.
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You hindsighted a circle from 24 hours ago. Why not mark on your chart in real-time where the market should go, and trade it? You cannot. Nobody can. That is what all indicators are... lagging.