A 30-minute timeframe. First, there were 4-5 hours of sideways price action. Then the price started a one-sided selling activity – that's the
big red candle. The place where the big red candle started is the open-drive. You need to wait
for few candles to form below the open-drive to make sure the market accepted the lower
prices as a place with a temporary fair value. After that, you wait for the price to come back
to the start of the open-drive and enter your trade from there.