Technical Analysis Tools
The traders who last aren't the ones who never lose. They're the ones who never guess.Jason Parker, Founder of Trading Habits
Use the high and low of the established trading range, then the extreme price the spring or upthrust reached. Add a reclaim price if a candle has already closed back inside the range.
Fill in the range and the extreme on the left and click Calculate to see the penetration depth and reclaim read.