Hi,
i'm little confusing how far back I must looking for spotting a trend direction for example on H1 chart? Some people say 5 days, other 3 days back... your opinion? Becouse if I look a 5 days back the direction may be up, but if I unzoom the chart then this up may be a little correction from down trend... so if you trade on 15m. and you have to spott the trend from H1 how far back you looking for trend direction?
For example this is two pics of one chart, both on H1, just one is zoomed, other arn't on the zoomed chart we see up trend, on unzoomed is clear down...
i'm little confusing how far back I must looking for spotting a trend direction for example on H1 chart? Some people say 5 days, other 3 days back... your opinion? Becouse if I look a 5 days back the direction may be up, but if I unzoom the chart then this up may be a little correction from down trend... so if you trade on 15m. and you have to spott the trend from H1 how far back you looking for trend direction?
For example this is two pics of one chart, both on H1, just one is zoomed, other arn't on the zoomed chart we see up trend, on unzoomed is clear down...