Originally Posted by ;
Sure I figured you knew bout s/r I was only offering what iv picked up.
Um on your specific chart I wud say wait for break of the underside support region. However, I wud much prefere to use a time period to identify significant s/r areas.
I wud wait for the break of the and commerce down because it is with the trend, if it reversed I wud wait until it broke the top resistance region and trade that way.
When there is an area where price transfers a good space from and it is not an area of previous s/r, therefore a new defined region of s/r then I wud...