First you must have a clean consolidation which you are anticipating that it will be taken once market come up.
Secondly you must have an old low Significant OB which market is chasing it(magnetic) and you know that after market taken out that old low then it will reverse quickly to come up to attack your consolidation.
And finally you will investigate if you have any bearish SMT divergence that will give you a confidence that market will chase that old low
Secondly you must have an old low Significant OB which market is chasing it(magnetic) and you know that after market taken out that old low then it will reverse quickly to come up to attack your consolidation.
And finally you will investigate if you have any bearish SMT divergence that will give you a confidence that market will chase that old low