3 Bar technique. To determine directional bias. Weekly chart illustrated below of 3 weeks. High, Low, and 50% balance level If price is above balance level - bias is UP If price is below balance level - bias is DOWN I use this on the 30 minute chart, but looks effective on the daily and weekly time frames also.
Bigalow Doji Sandwich https://www.elitetrader.com/et/thre...t-right-here-baby.335635/page-27#post-5568334
Blue lines are based on Patterns. Just Google Harmonic Patterns for many websites that showcase them. I was taught a mirror technique to clone a line, and use it as possible direction and price target. Technically it's a technique to clone a portion of a cyclic time-action. Line on top is the line cloned and 2nd line is placed at the low. Noticed the cloned line follows the same ANGLE. I use this every day on the 30 min chart. On the Daily chart it gives me possible direction. For more details, just read J.R. Stevenson's book.