DislikedI never look below the 1 hour timeframe since the 1 hour gives enough false signals and if you look at each candle high and low as support and resistance points the 1 hour candle high or low breaking has much more significance than a 5 minute candle.Ignored
Thanks. I will stop the habit of looking at 5 minute chart.
One more question.
As I have understood ,on trending days you use the intraday fib levels to enter the trade and targets are normaly are the extensions of the intraday fibs (mainly T1).
On ranging days you use the extension of swing fibs as targets but I am a bit confused about the entry on ranging days . Do you use the break of inner fibs of the swing or the break of the high or low of the swing for entry?
I really appreciate that you take the time to reply our questions.