Cheers pal, thanks for that.
I offer one more post about all the above to you WHILE using the Training Simulator.
On the 1 hour chart (training simulator) you will see one long candle.
(but on the candle close, do we know yet that the sell off/buy has “ended”, who knows !)
So start again, using the same DAY & period on the training simulator, yet choose the 15m timeframe THIS TIME, not the one hour,
and run the same process AGAIN observing this time if you can ‘see anything extra’ watching 15 min candles.
Then use the same DAY & period AGAIN on the training simulator yet choose the 1min timeframe THIS TIME, not the 1hr or 15m,
and run the SAME process observing this time if you can ‘see anything extra’ watching 1min candles.
(yes look at the SAME thing three times, on the 1hr, 15m & 1m)
On the 1min look now especially for “behaviour” when the “edge ending turns”, as it then might halt & reverse, maybe a couple of times,
or maybe run to a lower low/higher hi,
WATCH all these things, and look for ANYTHING different that happens WHEN the final edge ending has occurred and price starts reversing ‘seriously” this time.
What appears different at that point? When the reversal IS genuine, what happened then.
You could then go and find another large candle drop/rise, at another day or time, and do the same again.
With three timeframes also. And see if you find some (even tiny) similarity.
Then do that yet AGAIN at another candle drop/rise situation. And another.
You are looking now for similarities as confirmations.
These similarities are not pip based, or candle shape based, they are "behaviour" based.
On your larger timeframe you “may” find confluence with other things on your standard template. Things that REPEAT. (and they WILL).
All this I suggest is just a simple “learning process” that a person would do in “any” new task they had.
Then, these are just the beginnings for a discretionary trader of course. But we had to start somewhere .
all the best