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Answer:
Best thing to do is observe price action, notate tendencies, and then backtest the heck out of your ideas and theories.
Eventually, you will widdle away the ideas that don't work often and keep the ones that do.
Remember that trading is more than finding that market setup that gets you in the trade, but its the actions you take to when the trade goes with or against you that counts as well. Sometimes you can have a great entry, but if you mismanage it or exit too early, it's a great idea wasted... and vice versa.
