DislikedRH-RossHook. meaning resistance or support ..it can be form any where even before ur target or after ur target that is why why price sometime tick above or below our setup...we cant give a full price of the turning point but we predict what our price will be so u will often notice sometime u set pending order and price will revers before it or even go below..after the brkout the next candle that refuse to make a new high or low then the previous will be RH if we go above it on the third bar that is Brkout bar..
naked chart but make sense..
trend...Ignored
I like the 1/2/3 sequence. This pattern is often seen in the market.
(1) is also many times with a RSI divergence if this is what i think.
Anyway thanks for the info.
Rule No.1: Never lose money. Rule No.2: Market is always right !