For whatever reason I can't duplicate your chart. My 240 minute chart on Qcharts looks nothing like yours. And yours doesn't show what moving averages you are using as well. Your 240 minute chart shows 27 candles from the high on the 26th of March to April 1st which is 5 trading days. That also doesn't make sense from what I'm looking at. Don't know if you are using 'all sessions' or not. Too many unknown issues for me to grasp.