- Wait for a break of resistance (ceiling).
- Wait for a RETEST (where price closes above the previous level of resistance).
- Once price confirms resistance as a new support (floor), it is safe to enter.
- Price doing this is a SHIFT in MOMENTUM.
- Wait for a break of support (floor).
- Wait for a RETEST (where price closes below the previous...
Tendency = Downwards/Upwards
Wait for a break of resistance/Support (ceiling/floor).
Wait for a RETEST (where price closes above/below the previous level of resistance/support)
Once price confirms (Candle in our direction) resistance/support as a new resistance/support (or Vice Versa), it is safe to enter
Price doing this is a...