DislikedHello LT and Everyone:
Although this is a little different from H-line, V-line and spine analysis, I found the attached Martin Pring article quite helpful as a starting point--especially for beginners. This is an excellent way to begin looking for high probability entries and staying out of bad ones. He looks at classic peak and trough analysis, which can be especially apparent in Rainbow Scalping since LT advises using "Average Price" (or WMA1) for visualization.
If you'd prefer not to read the 5 page article, Pring has a five-minute video explaining the exact same thing on his website:
This is just my contribution to this excellent thread; I hope it helps.