Take a look at this pair from earlier in the week to see how an influential level can act as a trigger as & when it pops back & forth around it’s boundaries.
I’m not suggesting you’d have instigated trades both ways or even one way, but by understanding the behaviour patterns of price action in & around these clearly identified close quarter s&r zones, your research tools & decision process becomes easier & less stressful.
Price either sets-up according to your execution strategy or it doesn’t (dependant upon your own rules etc).
As long as you can establish a playable activity zone where price has proven to you that it attracted strong, recent participation then you’re good to go.
Obviously, any trade will need to sit alongside your personal risk-reward parameters etc, but that’s a whole separate issue.
Keep it nice & simple.
If it helps, then work from today & scroll back.
Try locate an area where price got rejected or bounced with a good lick of participation & draw your lines of engagement.
See if the level attracts a second bite of the cherry & plan how you’d choose to interact with it if it does.
Once you’ve drawn your area, scroll back via your 60 or 240m chart & see if your area attracted previous visits from recent activity………I think you’ll surprise yourselves with one or two of these levels/zones by adopting this type of price action research!!
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