DislikedYou have identified the correct PA formations. Is there any other supporting confluences in structure ( i.e. size , shape, relation to preivous candles, swing High/Low etc), traffic density (i.e. "This is Critial") and/or Fib levels, MACD divergence, round numbers, 50% retracement levels . etc.
Formations are great especially at a swing High or Low. The more supporting confluences we have the better to help our decision to take a trade.Ignored
My 2 dirhams worth; waiting on this one because it may reject the PPZ it is trying to battle through. I.e. I am looking for either a strong move to close under the ppz, retrace to the PPZ & PA to confirm it has been rejected and moving down, OR PA at PPZ to confirm its rejection and a move up. Either way for once I am showing greater patience than prior trades.
Am I on track?