to dingo:
lets say you trade the 1hr TF as your trading timeframe. that's what I do, profit tgts based off that. I use 4hr for better view and 5m for entries.
lots can happen in the 1hr candle. i always look at the end of the first 30 mins to determine what this candle will likely do. for this trade, there was divergence and buying pressure on shootingstars w/good volume, so probability of the rest of the candle being bullish is pretty high
lets say you trade the 1hr TF as your trading timeframe. that's what I do, profit tgts based off that. I use 4hr for better view and 5m for entries.
lots can happen in the 1hr candle. i always look at the end of the first 30 mins to determine what this candle will likely do. for this trade, there was divergence and buying pressure on shootingstars w/good volume, so probability of the rest of the candle being bullish is pretty high
4