If you’re trying to get a loan or mortgage, and self employed in this way, or other ways, such as what I did, driving for Uber, and Lyft, and renting cars, both of which also provide 1099 income, our bank representative said they would not consider any of that as reliable sources of income, unless we had a business structure in place and two years of income to prove we were making money with it, specifically, the amount of money that would qualify us for a mortgage or loan. When I filed my taxes this year with a professional tax accountant, he showed me we could have saved tens of thousands of dollars filing as an S Corp. After tax season ends, I am going back to him to set up the S Corp status. Disclaimer, I am still making money with those gigs while I practice and get the conveyor belt, moving towards a full-time trading income.

It seems to me that drawing to the body of the candle is just a bit more conservative in most cases, while drawing to the wick is a little more risky. Since the wick represents the limit that the price reached during the candlestick period, the number of orders filled that the wick represents could be much lower than the number represented by the body. In most instances it would seem that it’s not a lot different, but it could make a pretty big difference in the size of the supply or demand area you draw. But what do you do with a massive supply or demand area? Wouldn’t a smaller one give you a bit more confidence when placing entries? Or are we just nit picking at stuff that’s not really that exact to begin with?

@Daniel Alexander all that I’m really basing it on is the fact that it re-entered the red plan level supply zone for the first time, and sellers immediately began taking over.