Is this the correct way to draw S&R lines?

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{quote} About this trade i got this afternoon. On the time frame 15 and 5, they all have difference entry points. i'm crurious about that which one should i choose or i prefer {image} {image}

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Quoting Stevooo

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{quote} it is your own preference. how comfortable you get. each candlestick in different time frames tell their own story. m5 get entry earlier but subject to whipsaw. m15 more pleasing to the eyes but SL may be wider.

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{quote} Can i ask you about the swing high and swing low? i know it's kind of reversal trend but i don't know where should i long or short, can you give me some examples? Watched many on utube and websites but didn't comprehend it properly. {image}

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Quoting Stevooo

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{quote} if you just want to use 3 candle swing high low only, then use multi time frames. each time frames telling different stories. in this example, start with h1 swing low first. then look at h4 to confirm any reason for the bounce. go to m15 or m5 for entries of your choice, or look at both. {image}

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Quoting Stevooo

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{quote} if you just want to use 3 candle swing high low only, then use multi time frames. each time frames telling different stories. in this example, start with h1 swing low first. then look at h4 to confirm any reason for the bounce. go to m15 or m5 for entries of your choice, or look at both. {image}

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{quote} 1. i got the point but any difference compared to normal swing low high? Cause as i did the research normally i saw swing low high with 5 candles like below. What is the difference between 3 and 5 candles swing low/high? 2. did i got the long here right? retracement close above resistance, i just want to know about i got the right idea about the theory. {image} {image}

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Quoting Stevooo

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{quote} 1. the difference is i only need to see 3 candles for a swing point instead of 5. i enter trade earlier on the 3rd candle. 2. you did not do multi time frames analysis. if you do proper analysis, why would you want to long when there is a h1 resistant just above it? {image}

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{quote} 1. is that like i need to wait after it breaks any of high or bottoms and after that see swing low or high then i wait to see the 3rd candle's body bigger than the middle one?

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Quoting Stevooo

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{quote} don't understand. post a chart.

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Quoting Inthebox

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{quote} 1.do i need to wait for it to break any trends? cause as the pic below it didn't break any trend, right? so whenever i saw a 3-candle swing i can long or short based on the trend, right? 2. For example, can i call this 3 candel swing high? So i can short at the 3rd candle swing cause the 3rd candle swing is close lower than the middle one? {image} {image} {image}

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Quoting Stevooo

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{quote} before you want to trade entry, first you have to know what is trend and support resistance in multi time frames. in the charts below both shows up trend. so you are looking to buy. in m15 you don't see any resistant above, it is 'invisible'. and it is trending upward. it also broke m15 resistant and retraced. everything going your way, so you bought. when you switch to h1, there is a resistant just above. now ask yourself, do you still want to buy? well maybe you still want to buy because you are looking for 10 pips

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Quoting Stevooo

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{quote}{quote} 1.This is one hour resistance and i used 15min for setting up today it broke the resistance. 2nd pic is 15min how it broke the resistance 2. i'm curious that number 1 closed above the resistance but we can't take long at that right? we should wait for 3 swing low candles. hence the second is the 3rd candle of swing low so i got long their. Am i correct? 3. i'm trying to use both 3swing candles and S/R, am i applying it into my trade correctly ? {image} {image}

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{quote} 1. above some more resistance. 2. right 3. yes {image}

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Quoting Stevooo

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{quote}i i have example for this this one candle broke the trendline, S/R but it's 3 candle swing low so i can't long here right ? Does it has to be 3 candle swing? or just normal structure {image}

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my m1 entry {image}

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Quoting Stevooo

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{quote} For the short, it's very hard for me to identify the main support. So the pic below, did i got the support right? Of the price break thr and comeback with candle below the support, i can short it right? {image}

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Quoting Inthebox

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{quote} too late. price already broke 1st support. you can see in m5 price broke and retraced. {image}

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Quoting Stevooo

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{quote} 1. i know it's late but for the support number 1, if it break can i still short it? Cause there are many small supports in the big one so i want to ask if small one and the start one are very from each other, no others support near it. 2. can i short the support if it retraces and close below any support line that doesn't near each other? {image}

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Quoting Inthebox

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{quote} you still can short if there is retracement. but measure how much pips from your entry to the 2nd blue support. always measure whether is it worth it to the next support.

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