so we went over the weekly as a recap from previous post now let’s look at the 4hr.
4hr is one of the better timeframe to have if you isn’t have the 8hr I think the 8 is best as it shows candles and market shapes unmatched and this why most platforms don’t offer it. Candlestick patterns preform the best on monthly imo I seen many weekly fail thus candle sticks on Lowe timeframes need market direction prior it usages therefore here on the 4hr
We have a rising three method. N tbh it’s one of the few pattens I see play out on any timeframe thus I deem it worthily as confirmation...
So the pattern can be bullish Or bearish The difference is the maza candle (The big candle ) that outline the midl candles. N the trend direction
So in a bull swing it will be big bull candle with smaller candles in between With another big bull candle. The middle candle doesn’t matter but we want at least 3 n these candles should go in the direction on support as a retest followed by a impulse candle. The following candle after the pattern should be in the direction of the trend as this a cont patten.
So we have more bullish indication on this pair as the overall pair looks bearish to retail so we can expect and look for a bull market as the new direction of gu as it been stationary years let’s b ready to catch the start of this wave
HOW TO TRADE LIKE THEM -
4hr is one of the better timeframe to have if you isn’t have the 8hr I think the 8 is best as it shows candles and market shapes unmatched and this why most platforms don’t offer it. Candlestick patterns preform the best on monthly imo I seen many weekly fail thus candle sticks on Lowe timeframes need market direction prior it usages therefore here on the 4hr
We have a rising three method. N tbh it’s one of the few pattens I see play out on any timeframe thus I deem it worthily as confirmation...
So the pattern can be bullish Or bearish The difference is the maza candle (The big candle ) that outline the midl candles. N the trend direction
So in a bull swing it will be big bull candle with smaller candles in between With another big bull candle. The middle candle doesn’t matter but we want at least 3 n these candles should go in the direction on support as a retest followed by a impulse candle. The following candle after the pattern should be in the direction of the trend as this a cont patten.
So we have more bullish indication on this pair as the overall pair looks bearish to retail so we can expect and look for a bull market as the new direction of gu as it been stationary years let’s b ready to catch the start of this wave
HOW TO TRADE LIKE THEM -