Disliked{quote} I think that particular chart is random.I mean you see a downtrend on M1, which is represented by 3 red sticks on M15, how do you know when they will reverse? Or why should they? Is it probable that after 3 red candle a blue will/must follow? It that a pattern ? You have to question yourself. I personally dont see a pattern in that particular setup, except my U shaped pattern in the middle, but i dont know what triggers that so its irrelevant. Until you know that there is a pattern there, its random and hidden and unpredictable. If it is...Ignored
Your still thinking prediction, drop a 9sma onto the M1 chart, look for strength and just jump in and follow along with the strength.
or look for a live area of support, get in near the lows, sl to new low so tight and see if it takes off, but be warned it will likely go up, find resistance then go lower, so your better of shorting that resistance as its with trend.
less prediction, more reaction.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!