When you do your analysis, be sure to identify potential setups. (dailypriceaction.com)
Just one potential setup shown below is Rackspace Holdings ($ RAX). (morpheustrading.com)
It was useful for me in my discretionary trading as a way to pinpoint potential setups before analyzing them in the context of the market price action (S / R, trend lines, price swings etc..) (tradingsetupsreview.com)