Is PO3 about waiting for the price to open within a consolidation zone on a smaller timeframe?
Does the price need to open within a sideways range right before the opening? If the opening price of the new H4 candle is within an existing trend, not a narrow consolidation, can the PO3 method be applied?
Or should I consider the previous H4 candle as the accumulation range? And wait for the subsequent manipulation on the M15 CISD to trade the reversal. Thank everyone.
u/InterviewOpposite216 — 9 days ago