Here on this post
http://www.traderslaboratory.com/for...n-2440-11.html I explain some new timing definitions using the fantailvma3 template on a 1 min chart...
This is how a chart looks like :
as I explained on that post this yellow line gets inside or outside the rainbow giving us some clear timing definitions... On that thread we still are dealing with possible timing optimizations... so this timings are still not definitive... any way the overall concept of this "5 min laddering" trade is already taking shape...
Now let me show you how pullback and timing definition of the icon pattern is identified thru the 1 min chart without much dificulty thanks to the fantailvma3 template...
you could take this trade on the 1 min more confident as you know a laddering is going on at the 5 min chart... cheers Walter.