*** a high of resistance is formed where there are 2 candles to the left and 2 candles to the right that are lower than the center wick high.
gyazo.com/201c5f1ff6...19ed00146c34024a391b
(note) the 2 candles to the left and to the right dont need to fall sequentially, nor will it matter if its an up or down candle as long as its lower then the middle wick.
you will find these formations at the highs and lows.
gyazo.com/672bfce07a...c03fd80d6d580662de6d
gyazo.com/b4fba6a10b...0e39fa220bec1162d6f3
gyazo.com/201c5f1ff6...19ed00146c34024a391b
(note) the 2 candles to the left and to the right dont need to fall sequentially, nor will it matter if its an up or down candle as long as its lower then the middle wick.
you will find these formations at the highs and lows.
gyazo.com/672bfce07a...c03fd80d6d580662de6d
gyazo.com/b4fba6a10b...0e39fa220bec1162d6f3