continuing on from the previous post...In the Metatrader chart i use the pink down sloping ML set/Fork to give me indication of price action strength. It never dips below 1030.75 and is in a sideways pattern( now often called an " Energy Coil"!) where the support is repeatedly tested ( you can see this clearly in the 1 min TF chart). In my opinion price usually (but not always) breaks out in the direction it was coming from so that you have a HP 'direction'. I will not bother to go into the trade details ( i am waiting for the public account to be active) but using reaction lines i am now waiting to catch price as it retraces and hits reaction line support( below)
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