/ng -- dropped to previous support level and touched twice - double bottom, then formed 3 rising pattern and then it was trend up... VERY OBVIOUS
/cl also dived --- double bottom, break up, double bottom -- 200 tick run. VERY OBVIOUS.
/tf --- triple top at clear level ---dipped for 20 ticks. OBVIOUS.
The fact is -- these patterns are obvious as they develop. SUPPORT, RESISTANCE. In all cases, volume spikes at the lows --- yet another clue. /ng bottomed on the biggest volume candle of the day. So that should have been the first clue (but not first entry -- it came over an hour later).
so -- What to look for
1) SUPPORT / RESISTANCE LEVELS (look back 5 days or so -- look at recent levels)
2) VOLUME SPIKES, CANDLES with tails at lows.
3) double bottom / ascending triples at support.
4) buy in direction of trend - set stop below pattern.
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