In learning observing/participating in the market, the shortest time frame watching, analyzing, reading the price level movement and recognizing patterns is the best reliable setup making trades. It does not mean you trade like the HFT's, but you can have an idea how to get an edge trading the markets. Though the chart below is all after the fact but following the markets for so long and have patience learning how patterns/tape reading can give an advantage - that's what you called 'edge' in the markets, said that if you don't know your edge, probably you have zilch in the market.
Chart below you can spot that double top, in trading lingo the 'M' pattern (the reverse is the 'W'), then the 'V' pattern (there are two 'V's - mean the breakout reversal), then the price consolidation trending downward, then the last one on this chart layout the sleeping pattern that will make a break trades. The best to recognize these patterns is to stay glued to the market chart movement watching the tape like a hawk, don't ever sleep and don't blink your wide round eyes, live with the market, then you can get a fraction of the wealth anytime you want to - just have patience/dedication/conviction/discipline/knowing your fuck'n self (since if you're not going to watch yourself it will sabotage your well-being), got it?!🔨
