Eight years ago, when I first entered the market, I was also a novice staring at the 1-minute candlestick, buying and selling impulsively. After three liquidations, an experienced trader woke me up: "The way you look at candlesticks determines whether you are the prey or the hunter." Today, I will explain this multi-timeframe trading strategy that turned my situation around.
1. 4-hour Candlestick: Your strategic map.
(Why do I earn more after I stopped staring at the screen?)
I used to laugh at those who looked at the 4-hour chart as being too dull, until I realized:
- The 1-minute chart is filled with "false breakouts," yet the 4-hour chart can clearly see the true trend direction.
- During the 312 crash in 2020, the 4-hour chart gave a breakout signal 3 candles in advance.
Three Key Elements of Practice:
✓ Uptrend: Every time it pulls back to a previous low, it’s a money-making opportunity (last year, ORDI gave me 5 waves).
✓ Downtrend: If the rebound does not surpass the previous high, it's a good opportunity to short (refer to the Luna death spiral).
✓ Sideways Consolidation: Trading during this time = sending transaction fees to the exchange.
2. 1-hour Candlestick: Precision Sniping Scope
(How to find the best ambush point?)
The profits I've made using this method on ETH:
1. Draw three lines:
- Connect the last 3 highs/lows.
- Mark the 50% Fibonacci level.
- Identify areas of high trading volume.
2. Wait for the signal:
- Price pulls back to the trendline + decreased volume = prepare to shoot.
- Break through the previous high + double volume = confirm the breakout.
3. 15-minute Candlestick: The moment to pull the trigger.
(Why do we say there are traps set by the big players here?)
The favorite trick of the big players:
1. False breakout: Breakthrough of key levels without volume, immediately reverse and harvest.
2. Spike liquidation: Quickly pull back after hitting the stop loss.
My response strategy:
✓ Must see that trading volume is 1.5 times the average of the previous 3.
✓ MACD and RSI must resonate.
✓ Wait for the second candlestick confirmation (to avoid being spiked).
[Practical Case] Last week's BTC operation:
1. 4 hours: The upward channel is intact.
2. 1 hour: Pullbacks do not break the trendline.
3. 15 minutes: Morning Star + Increased Volume
→ After entering the market, I gained an 8% increase.
Advice from an experienced trader:
1. When three timeframes conflict, it’s better to miss out than to make a mistake.
2. Stop loss should be set at the point of structural breakdown on the 15-minute chart.
3. Review daily more than 10 times with case studies across different timeframes.
Remember: The market is always teaching lessons to those who think they are clever. It took me 3 years to understand this, and I hope you won't take the same detour as I did.
I am @老顾财经 and specialize in medium to short-term contract trading, sharing investment skills and detailed strategy teaching regularly.#TrumpTariffs