Just Study GU around 2013, Price breaks sets of lows, and trade was coming to its origin, approach was price hitting the SR first, goes down and comes back to the FTR, which is origin of the move down,
Notice that the FTR have a compressed top which means, probably last set of orders are at the bottom of the compression.
Notice ALso that while down there, QM was formed before, and after that price came up and picked up the MPL of the FTR, last set of sell orders in there.
Notice that the FTR have a compressed top which means, probably last set of orders are at the bottom of the compression.
Notice ALso that while down there, QM was formed before, and after that price came up and picked up the MPL of the FTR, last set of sell orders in there.