Watching how price reacts to the flip zone. On rejection from the zone I'll be looking for short and on engulfing it I'll be looking for longs.
This pair has been in consolidation for quite sometimes. (See the box). The price has now close below the box and was even rejected from it's lower side.
Watching the marked supply level on daily. On price rejection from it would look for shorts and on engulfing it will look for an opportunity to go long.
broke the pennant, forming an iHS, reaching the supply zone and trying to pass it