Hi Ochills, yes this is K-area. I do not mention it, because mostly all of you could recognize K-areas so, I've left it as homework.
Well, major conditions to gauge are: time scale and market speed. The higher time scale is the stronger levels and K-areas. The faster market is the greater chance of failure of K-area. Hence you should act differently depending on market's pace. If market moves gradually you could apply "Bushes" entry tactic but if you see strong action it is better to apply Minesweeper.
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