1hr analysis
Try to blank out what doesn't look relevant as I can't be arsed hiding lines etc to make it simpler and cleaner
(this is why a layers/groups option on drawings would be ideal, remove drawing objects related to an idea eg all trend lines or later for diamond bottom at the click of a button) anyway I digress
Looks to be painting a flag (blue line through candles as they break out of diamond)
flag pole length would bring it in line to reject after touching 200sma (white)
and it also lines up with a gap in the volume profile 3698 3704 3726 are numbers I am watching for candle tops / wicks
REMEMBER - I know we all know this but it is easy to forget. All ideas are second guessing using indicators and other factors to guide us. Everything can change on a candle.
Try to blank out what doesn't look relevant as I can't be arsed hiding lines etc to make it simpler and cleaner
(this is why a layers/groups option on drawings would be ideal, remove drawing objects related to an idea eg all trend lines or later for diamond bottom at the click of a button) anyway I digress
Looks to be painting a flag (blue line through candles as they break out of diamond)
flag pole length would bring it in line to reject after touching 200sma (white)
and it also lines up with a gap in the volume profile 3698 3704 3726 are numbers I am watching for candle tops / wicks
REMEMBER - I know we all know this but it is easy to forget. All ideas are second guessing using indicators and other factors to guide us. Everything can change on a candle.