[Soultrader]

It is always important to look for clues that cause a shift in market sentiment. One method I use is by bracketing a TICK chart. Whenever TICKS breakout of a 2 hour range, this is usually a strong signal of a shift in market sentiment.

For example: In a downtrend, if TICK's make a new 2 hour high I will look for a long setup. In an uptrend, if TICK's make a new 2 hour low I will look for a short setup.

This method also works when the TICK is stuck in a channel. Anytime the TICK breaks out of a channel, expect to see price move in that direction.