Quoting PeterFMDislikedIf you look at this image I've marked the points of Support & Resistance. All you need to look for is a RESISTANCE candle with 2 lower highs either side (Resistance = Supply Line)
For a SUPPORT candle look for 2 higher highs either side (Support = Demand Line)
PeterIgnored
Thanks for helping.
I'm not sure if I put it right in my post but I think we are talking about the same bar formation.
In a nutshell, you'd need to pick a bar where both the preceding and following two bars are lower profile, right?