Here's is price action documentation I log to journal articles. Below is the 5-minute chart of Bharti stock for reference. I had this chart opened in one of the tabs and my mind couldn't make proper decisions. Price action was blurring to me this day. I write all my thoughts in hindsight.
I have drawn two trend lines which form an Ending Diagonal pattern. The open candle is an up thrust candle. I have also marked a significant resistance area by a horizontal box where weekly pivot 'P' falls in conjunction. Please note the price rise in the wedge pattern which was sluggish in nature during last session.
I have marked two candles by numbers. They told a story to a trader who was alert.
1 - This candle tested the midpoint of previous strong bearish candle. The up wick confirmed weak bulls.
2 - This candle was where sellers who missed the opportunity after candle 1 went short.
For a safe trader, a pullback opportunity with all
confirmations was in place after two candles. We can also see an impulsive
structure from previous session. A plan would have you prepared for a trading
session. Placing all significant support/resistance area, demand/supply zone,
trend lines and a story will save lot of time during trading hours.