Determining Timeframe For Entry

ajbozdar

Private
Messages
15
Greetings,

While studying how to use candlesticks with S&R 4 today, I wonder which timeframe it should be to determine an entry point? Let’s assume it might develop an inside down trend. Should I wait for 2-3 4H candles, or let it be 1H / 15M to help me out with entry point?

I am also having some difficulty charting S&R levels. If I draw them on Monthly timeframe for swing trades, I don't see them correctly on Weekly or Daily timeframes. They give me completely different trends.

I'll be glad if I could get some feedback on this.
 

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kim855

Recruit
Messages
18
i was told 4 hour close candle for confirmation of the trade then look at 15min for price action to get a good entry
 
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