DislikedOk,
My no-brainer questions have filtered through I think. Candle "a" is the "up close on the 1 hour bar". On my platform is closes at 107.11 which is pretty close to 107.16 the resistance. So I assume that you went short during candle "a" as it hit the resistance level of 107.16 and closed the position on the close of the candle at 107.11 for the few pips. Correct?
So is candle "d" still first sign of support?
Thanks, slowly getting there I hope.Ignored
Just to clarify why I ask about candle "d" I'm wondering if you see support on lower TF e.g. 5 min. On my platform during candle "b" we have what might be considered support being established within 10 minutes of the break of 107.16. Sorry for any confusion.
BRV so that I can frame my questions correctly which MT4 platform do you use?
Thanks,