Some retracement target areas should priice pull back.
Using RSI to confirm price is stretched to its maximum. Positive Divergence always a bonus.
Use the session divider (Verticle line) to identify low pressure areas. Price s ALWAYS drawn towards low pressure areas. No exception. I do not have to prove this to you. All you need to do is look at the chart to see it.. I did not make this up.
Low pressure (low volume) High pressure (high volume)
Forex and sometimes futures gives us a very consistent read on volume. EVERY DAY there is a lowest volume of the day point.... it is identified directly n the center of the session divider line. Once you can see this you can exploit it for profit.
There are other principles. I will review these one at a time.
Post questions and intelligent critiques below.
Linear Reg set to 100 RSI set to 7 14 and 50 EMA (current time frame) 14 EMA (orange) Daily time frame