The Quick Way

…to end a correction is a letter h.

To make a support / resistance level, you need enough volatility (12 pips), a color switch and an immediate 55% retake of the hourly candle’s body.

What a letter h is is two support levels made in a quick sequence (bow back) not letting the price consolidate.

In this case the low of the support making canfle was taken out in 3 hours.

The correction was brought on by professionals taking profits in a large cluster, but the trend has resumed since and it is in need of a proper top.

I would like to see a catastrophic exit next.

This would require an hourly fractal with a stochastic bar print followed by another fractal that would be a higher high without the bar print.