The sole pattern You need to exchange....


I am using a grid on all my charts....
For 1min it is 1 pip grid
for 1 hour it is 10 pip grid
for daily it is 50 pip grid
for monthly it is 500 pip grid
my R and S lines are in those lines It can not be anyplace else on the chart only at those lines....the other factor needed to ascertain those R and S line is the price....so digest this to visit another part


The candle upper wick is the result of selling overcoming buying....
The candle lower wick is the result of purchasing overcoming selling....
If a single candle upper wick touches or moves through our lines online is a R.....
If a single candle lower wick touches or moves through our lines online is a S.....
If over one candle upper wicks touch or move through precisely the same line that increases the significance of this R line....
If more than one candle lower wicks touch or move through precisely the same line that increases the significance of this S lineup....
The lower timeframe at which these events happen the lower the odd that a R S or line Line will hold the price....the greater time that the more the odds....
Our setup is really a candle hitting on a R line followed by a candle Placing down to under the 1st open....so the likelihood that the price will last down for a while is greater than the opposite....
Or a candle hitting a S lineup followed by a candle Placing up to above the 1st open....so the likelihood that the price will last up for a while is greater than the opposite....


Our entry to a commerce:
***loe R/S lines in one hour chart....
***Wait for the price to come to all those levels....
*** Watch the response to all those lines on a single minute chart....
***If you have the setup on a single minute chart in the line or slightly above or under i.e you own a reversal take the trade sell for R and purchase for S
***for your halt it could be above the setup in selling or beneath the setup in purchasing especially if you are a scalper....but if you trading for longer shot set your stop in accore with 1 hour chart it is highly variable but among the ways to do that's to put it above the maximum candle upper wick that penetrate the R line in selling and beneath the lowest candle lower wick that penetrate the S lineup....
***I prefer to be scalper along with the swing trader in precisely the same time purchase applying the second method of stop determination....
*** TP take scalp if the market let you and leave a few for runner
*** when you have a run guard your trade as soon as appropriate