Disliked{quote} Hey Mark, thanks for the answer. However, I dont quite get it; the candle A closed higher than the 90 minutes candle. So the rejection of S/R of the candle A was better than that of the 90 minutes candle. Moreover, the 90 minutes candle closed just at the S/R or slighlty below so there is scarcely a rejection. Furthermore, if you take a 90 minutes candle than that 30 minutes S/R becomes quite meaningless which contradicts your rule of thumb that you want to have FBs at very significant levels.. {image}Ignored
The rejection strength is shown by the size of the rejection from the lows, not where price closed?
The rejection strength wasn't strong enough on the M30 close, but it was at some time later and was still within premise of an FB occurring quickly (i.e. within 1-3 bars of the BO).
Look at the first chart below and combine all of the M5 bars, what does that make - a strong rejection FB with new demand created that should hold on the retest.
Another way to visualize it is the 2nd chart which is an M32 chart - combine those 3 bars and you have a perfectly valid FB.