Edge Of Valley : F.B Entry Premise

Basic Concept

I've noticed that almost all intraday reversals take place right as price enters into the valley from the consolidation peak.

Note: The reversals will happen very close to where valley is STARTING to be formed. Where consolidation volume suddenly drops off.

Important

Never enter too far from the edge of the consolidation "mountain". If valley extends - its because whale is pushing into next zone, which is a breakout in the same direction trade, not a reversal trade (F.B. or B).