Before you drill down to this level...The eight-hour temporal support/resistance level is extremely useful in identifying key levels for entering profitable positions. Start incorporating it into your Bias Overlap activity!
What you're looking for from a broader perspective is for candlesticks to bounce off eight-hour temporal support or resistance on the "far side" of a sloping eight-hour (and six-hour) baseline, as confirmed by a reversal in the two-hour trend.
In other words, you are looking to execute trades based primarily on (and in the direction of) the 10- and 20-minute baselines, as dictated by the three- and five-minute trend lines, SHORTLY AFTER IDENTIFYING A REVERSAL in the two-hour baseline (and in the same direction as this new trend) as price is rejected by the eight-hour support or resistance level.
This means that, if and when the structure justifies it, you are looking to buy the following pairs: AUDJPY, AUDUSD, GBPJPY, GBPUSD, USDCHF and USDJPY.
You are looking to sell: USDCAD
You are not looking to do anything with EURGBP because it is not clear whether the eight-hour baseline is about to reverse direction and head north, or if it will ultimately continue it downward trajectory.
Nor are you looking to do anything with EURJPY or EURUSD given that both of these pairs evidence a neutral eight-hour baseline.
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