DislikedHi mate,
The SAFEST WAY to trade is "Trade the Trend", and not "Trade against the Trend" (unless you are an experienced trader like lbtrader). Meaning, whatever trade you take, make sure you understand what happened at higher timeframe.
You quoted that there was a false breakout at 4h simply because the price is inside the Kumo. But let me show you a EUR/GBP charts attached. At 4h, the price is above/outside the Kumo and yet it is still a false breakout. And take a look at Daily, the price keeps testing the Daily Kijun...Ignored
I saw that particularly chart, that I was wrtting about.. I cant remember which one it was, but, PA was in the kumo.. If I would seen this, eu gbp chart, I probably, would found same reason to STAY AWAY from the trade...
I think...
Cos, when I want to enter, I am checking Daily pretty good, man.
But anyway, when I want to trade 4H TF.. which higher TF to watch to see trend? Daily, or weekly? Because, for 1H is Daily obvious isnt it...