@Jonas Persson Hi Jonas! It has nothing to do with the candles if a level is considered weak, more about the Volume. If there is low volume at a specific level, meaning less orders put in that area then the Level is considered weaker compared to others. For an example, this Pre-market low today had a volume of around 7k, compared to Previous daily low that had around 35k. If a level has higher volume in terms of contracts traded, it's more likely to give a strong reaction. You can use to volume profile, or a volume indicator as shown in the screen below to check this. But it's a bit more advanced, and nothing that you really "need" in the early stages.
Quick reversal scalp today from Pre-Market / M15 low. Hit trailing SL around 2,3R profit. Very good example on how our trade management rules together with a good risk profile protects our capital. Price dumped almost 800 ticks after trailing SL was hit💻
Hey Jonas! The entry was on a limit order at the Red arrow on this picture. The exit was on trailing SL, you can see the line I marked "Trailing SL hit" at the yellow arrow.
Took a quick scalp today on a reversal forming from a pre-market high + M15 FVG. London Low was the next big draw on liquidity. Price has already travelled far, so entered on a limit order to the nearest swing point as TP.