Disliked{quote} Swing of 3 to 8 candles is true when you are trading M15 and using the Tokyo (Asian) channel. Big E old thread. But here when you are trading H4 and Daily, you have other factors to consider the price swings.Ignored
one swing offen end after 8-10 bars (sometime <8,or >10). Then have a small pullback/or pause, and after that, will continuation or revesal
This is not 100% sure, but high probability
In the chart of Frank, I counted 6 red Daily bars, this is high probability the trend will pause or maybe have some pullbacks in D1.
You can see HMA, EMA are flatting
I will not short here in H4
I only entry continuation setup in the first pullback in H4 (when D1 have first 3-5 bars consecutive
This is high % winrate
You can see in my attached charts (D1), I marked some swings, these swings offten from 6 to 10 bars, and then have some pullback
If current price is 6-10 D1 bars, entry in LTF offen hit SL