Hey Wizdom, very nice classic PA trading off S&R zones. Can you explain your entries in a more precise way, when do you wait for retests (1st 2nd ... 4th retest and why), how do you draw your SR lines, do you delete them after they are no longer respected. So any rules for your entry would be appreciated to have a clearer picture. Thanks.
ok, i will, i thought i was been precise, will try better 2moro. i wait for retest when trading breakouts, and candlestick patterns like pinbars etc. for bounce trades which is the one with the 1 & 2 formations i dont wait for retest.
as for my lines, i draw mainly from recent highs or lows and then just look a lil bit back the screen to see how solid it is. the stronger the confluence, the better.
the highest amount of lines i leave is max 2 lines, i redraw them .