On the TF discussion, it's interesting.
Many times, a 30 pips pullback in an 80 pips wide H4 is a price to buy /sell pullback for continuation, while many will call TREND REVERSAL!!!! in the M15.
And the bigger the timeframe the more important is the open price and the harder the candle turn direction (unless on huge data releases).
Many times, a 30 pips pullback in an 80 pips wide H4 is a price to buy /sell pullback for continuation, while many will call TREND REVERSAL!!!! in the M15.
And the bigger the timeframe the more important is the open price and the harder the candle turn direction (unless on huge data releases).