Simple's Green Room

[Qui-Gon Kagi]

I'll tell you something I have noticed pennies......I can't tell you how often I see price reverse on the 5 minute chart at zones which I have drawn in using the full candle length, from end of wick to end of wick, (if there are any wicks) occuring immediately prior to the longer reversal candle, i.e.. engulfing candles. Not so much on the 1 hour chart and above but it sure happens a lot on the 5 minute chart.