Nice trade Bob. I've been trying to identify the best "exit price" for runners. I frequently see this price on a 1 minute candle that has a long top wick with a much larger than avg volume bar. It's then time to exit on the next candle. Any thoughts?

Yes, but you have to view it in relationship to the 5 minute candle as, I think, you get too many false signals using just the 1 minute candle. But you are correct in your thinking. Here is a bit of a guide ti remind you about the signals candles give. http://www.actionforex.com/articles-library/technical-analysis-articles/candlesticks-charts-explained-200605107114/

The formation you refer to is either a shooting start or grave stone. Both bearish.

@Turbobob Thanks for the link. I'm going to study it further. Maximizing profitable trades is an issue that I want to improve.