Springs and upthrusts are very powerful tools. In fact, there are traders who focus almost exclusively on those two types of setups – that’s how powerful and profitable that they are. Springs and upthrusts are basically mirror images.
Finding Supports, and Using This for Springs
The following is an example of trying to find the support areas to use for springs. The support must be a solid one, sometimes not “obvious”, but over time you start to be able to...