Working back from the optimum 5 min TF where you can see price action interacting with the RL's. The higher TF you go to the more detail is lost and if you scroll back in 5 or 15 or 30min TF the results are truly remarkable. My personal view is that there are many different Rl's from many different ML sets in action at one time....so in theory it should be possible to build up a almost complete picture of price support resistance and it should also be possible to create software to build a neural network using automatically selected forks from significant selected pivots and creating a significant grid of RL's........After all with just the two sets of RL's pictured above there are several high probability trade just shouting at me off the chart. I have built up two templates with both long term and shorter term ML sets plus Rl's that without doubt gives a birds eye view of potential levels for price action reversal. Using the tick and range bars does not seem to make a huge difference in terms of accuracy but i have more work to complete.
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