Part of my everyday work/preparation/analysis call it whatever is spotting the 'difficult' areas of price action intraday... you know, those niggly nasty little sideways consolidations that no-one wants to look at, let alone trade, or if they do, they get burned (yes, self confession). My reasoning is that if I can crack them, I can trade anything. Here is AU M1 in a 25 pip range. What I look for are the climactic extremes of price, even in a small sideways range like this, that I can trade the reversals successfully, and their characteristics....
here's a couple of recent examples from M1 BTC...
and when ema200 remains in the channel, then it's a perfect time to countertrend band to band, i find it complements the ema strategy very well...
kc topics: https://www.forexfactory.com/thread/post/14648072#post14648072
