Start with daily charts.
Identifying the flow of the market.
Do not guess. Wait for price to touch your zone. Then wait for a Confirmation Candle (e.g., a Bullish Engulfing at support). trading technical analysis masterclass pdf
Draw your horizontal S&R lines on the Daily chart. Identify the "Value Area" where price has consolidated. Start with daily charts
A candlestick provides four data points for a specific timeframe (e.g., 1 hour, 1 day): Identifying the flow of the market
The Body: The wide part between the Open and Close. If the body is Green (or White), the Close was higher than the Open (Bullish). If the body is Red (or Black), the Close was lower than the Open (Bearish).
The Wicks (or Shadows): The thin lines protruding from the body. They represent the "extremes" where price rejected.