#TradeLessons

for understanding lets take a $NOT coin chart

first thing which I do is that I always open a four hour time frame chart to understand a on going market conditions , the most trusted time frame , after this I always use one hour time frame chart to maping a chart and at last I used 5 minute time frame chart to take position ,

But in this post we will discuss first 4 hour time frame chart to discuss things and rest of the chart we will discuss in next post to avoid complications

lets see

first we open a chart on 4 hour time frame we see which kind of pattern it following now like in this chart when we see we can clearly see that its some how head and shoulder pattern ,

now there are some rule belongs to some pattern and in this case if it is a head and shoulder , the rule is if we measure head to bottom neck , when it will go below or above bottom neck it will gain the same percentage , and from second chart we can see the percentage

and we can see that , this is 43 % in next post we will discuss where to take positions , by using 1 hour and 5 minute time frame chart,