Hi...
Just a question for the guys using 5min charts...
I am just trying to clear something up for myself..
I understand with the 5min period any new highs are printed...but do you get reversals showing if it happens within the period
eg...if the price moves up 100pips (within the 5mins) and then pulls back 50pips and you have say 10pip boxes 2 box reversal......will you get that reversal printed on the chart. OR only when the next 5mins starts...and thus you may not just get the reversal printed but quite a few others to catch up with where the price currently would be.
Am I right in my thinking here.
Just a question for the guys using 5min charts...
I am just trying to clear something up for myself..
I understand with the 5min period any new highs are printed...but do you get reversals showing if it happens within the period
eg...if the price moves up 100pips (within the 5mins) and then pulls back 50pips and you have say 10pip boxes 2 box reversal......will you get that reversal printed on the chart. OR only when the next 5mins starts...and thus you may not just get the reversal printed but quite a few others to catch up with where the price currently would be.
Am I right in my thinking here.