Just published my very first educational post, I hope you will like it!
This is a trade which I took yesterday and I thought it would be interesting to "dissect" it into 4 steps in order to understand why and when is the "best" moment to buy and/or to sell.
I have incorporated the explanations in my chart.
Please note that this is an "ideal" trade and it doesn't happen like that all the time... but it gives you an idea of how I analyze it.
Feel free to comment/like it if you find it valuable!
Just looking at posts for multiple timeframes and found this - just posted an educational post on the topic. I think new traders struggle with understanding how multiple timeframes work together in the general sense.