By '3rd leg' I'm talking about the next set of trading sessions in which we see higher highs and higher lows. As for timeframes, I mainly use the 10 minute. Longer time frames don't help much on the OTC, if you ask me. You gotta move fast. RNVA is a rare ticker on the OTC where you can trade and make money for weeks at a time! Not bragging, but I put about $500 into RNVA back in February, and after trading a couple of times, plus adding more money on the dips a couple of times, the shares that I own now are worth pretty close to 10 times that.
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