DislikedThis is my understanding of a rejection candle Looking for your feedback ... {image}Ignored
intraday trading the high impact news/data like the NFP
when you trade M30 take the SnR from the H4 ...
trading on Friday Jun07 when there is NFP, better look at the higher timeframe for possible direction and the NFP Forecast.
If the Forecast is better than the previous month's data, I trade the pro-dollar bias.
When the Actual is better than the Forecast, then the analysts were wrong and you have a runaway train or a falling knife trade.
The H4 'rejection' is after your little blue arrow., and hours before NFP data release.
H4 SnR is 155.22ish
The H4 demand zone / 'support' 155.36 was tested at LTF before the NFP release.
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett