[vc_row][vc_column][vc_column_text]Office was quiet as a mouse today so carpe diem: made a video, answering a question that I have been getting from my early days of writing this blog. Key points:

• Confluence rules above all. Confluence in identifying the level and especially, confluence in execution.
• Wait for a natural movement in price. We want to see price completing a reasonable cycle prior to exiting a position or putting on new exposure.
• Use the inside of the range, not ultimate highs or lows as taught by conventional wisdom.
• Identification is relatively simple. Just seek multiple hits over and over again.
• These levels are simply transition points for order flow and rarely go away over time.
• The more the line is used the more it's “fade” value deteriorates.

Topics used: Basic support and resistance, measured moves on trendline breaks, triple taps / 5 point price structures (ranges)[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/1″][vc_video link=”https://www.youtube.com/watch?v=WbIMhy85aN8″][/vc_column][/vc_row]