As swing traders we look at the for direction and use the 4 hour to find a pattern that fits direction (in a nutshell)- I occasionally look at daily patterns with from weekly charts but that's once in a blue moon.
If you look at this there's a ascending ; within said we have a pattern. I'll be long until the is complete. At which point, a 5-o is completing on the . I'll be looking for a short signal from around 1.095( ish ), and entering until the around 1.06.
Again, I'm new to the whole 5-O game, it was suggested to me by a friend- lets see how this plays out!