Study purpose
Layers of B Zone D/H4/H1
Yellow (D)
Aqua (H4)
Purple (H1)
Possibilities :-
1. Breakout > Retest > Formation of Setup > Entry
2. Breakout > Failed retest B Zone > Formation of Setup > Entry
Purple Arrow indicates that candlestick break the B Zone and Fail to go back up.
Yellow (D)
Aqua (H4)
Purple (H1)
Possibilities :-
1. Breakout > Retest > Formation of Setup > Entry
2. Breakout > Failed retest B Zone > Formation of Setup > Entry
Purple Arrow indicates that candlestick break the B Zone and Fail to go back up.
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