1. Determine supply and demand zones
2. Draw a 0.5 scale from swing low price to recent peak.
3. See if the swing low support price action range ( if support then it can be accumulation phase, if not then it is invalid)
important is that sometimes there is will price action below the swing low point and then reverse back up due to manipulation. doesn't mean it break support)
4. pay attention to the wick below support, if there is 3 wick and price beginning to push above 0.5 then it's might be a good long setups
5. Zoom in lower time frame like 1hr - 15mins and Identify candle confirmation for entry.
2. Draw a 0.5 scale from swing low price to recent peak.
3. See if the swing low support price action range ( if support then it can be accumulation phase, if not then it is invalid)
important is that sometimes there is will price action below the swing low point and then reverse back up due to manipulation. doesn't mean it break support)
4. pay attention to the wick below support, if there is 3 wick and price beginning to push above 0.5 then it's might be a good long setups
5. Zoom in lower time frame like 1hr - 15mins and Identify candle confirmation for entry.