Each yellow ellipse represents 3 or more wicks touching support or resistance. A couple of lines ARE on fib lines, which is excellent!
When you are looking for setups, make sure you look at the NEXT candle...DO NOT ENTER A BUY OR SELL IF YOU SEE 1 CANDLE OF REVERSAL. WAIT FOR THE NEXT CANDLE TO FORM FOR CONFIRMATION!
When you are looking for setups, make sure you look at the NEXT candle...DO NOT ENTER A BUY OR SELL IF YOU SEE 1 CANDLE OF REVERSAL. WAIT FOR THE NEXT CANDLE TO FORM FOR CONFIRMATION!