Now look at the proportions
1 M = 4 W
1W = 5 D (or 7D if you work with 24/7 markets like cryptocurrencies)
1D = 6 X 4H
4H = 4 X 1H
=> Means every sequence with 1 : 4 / 1 : 6 ratio is OK
1 M = 4 W
1W = 5 D (or 7D if you work with 24/7 markets like cryptocurrencies)
1D = 6 X 4H
4H = 4 X 1H
=> Means every sequence with 1 : 4 / 1 : 6 ratio is OK