This chart is a , I use long-term charts to find my levels ( ) and what the trade is doing over a long period which impacts the short period, if you enter using charts lower than 15m, without getting a signal or level from a chart on a higher time frame, you have a high chance of risk and subsequent loss.
As this chart shows, we rarely miss trades, because there are so many opportunities to try again, and often lower-risk opportunities than trying to find the top or bottom of a move, this is suicide, we are not market movers, leave that to the hedge funds, banks and pension funds, we make money out of their moves, follow them, don't try to change the market or will it to change, you will lose YOUR money.
The entry strategy has a high degree of success, it is not a guaranteed trade, they do not exist, but if you research your own charts, on a daily, 4h and 1h timeframe (not lower), you will see them being respected a high degree of the time.
The three try rule is my favourite entry, I use it everywhere, do not enter on the first move up or down unless there is a candle pattern that signals the entry, there are many. But once you have your long-term levels on a chart, and price moves back to that level, watch as (and confidence) declines, we get lower highs and the probability to enter a trade increases.
There are thousands of permutations of these entries, no chart is every the same, no entry without risk, but it's your job to find the highest probability trades with the least amount of risk, if you have any questions or comments, I'd be happy to learn or answer your questions.
Here's a classic example on Crude if you're patient, lots of opportunity and very little risk.