: Taking a trade because a lower timeframe looks bullish, even though the higher timeframe is in a clear downtrend.
Look for the price to pull back to a value area (like a key moving average or a previous broken resistance turned support). Step 3: The Execution Chart (The Trigger) technical analysis using multiple timeframes pdf
: Your process begins here. Your only job on this chart (e.g., Daily) is to determine if the market is in an uptrend, a downtrend, or a range. Mark major support/resistance levels. Your trade bias for the entire session or week must align with the direction you establish on this chart. : Taking a trade because a lower timeframe