When I first entered the market, the trading pace was particularly "fast":
Open the market → A wave of surge on the 15-minute chart → Rush in quickly → Five minutes later, got counter-killed.
Only focusing on one timeframe to watch the candlesticks is like running a hundred meters with nearsighted glasses.
Trading is like driving; if you only look at the dashboard and not ahead, a crash is only a matter of time.
If you only look at the 15-minute chart, it’s easy to be fooled by "fake moves," for example:
• Clearly a rebound in a downtrend, but you think it's a rally;
• Clearly a sideways consolidation, but you think it's a breakout;
How to use multi-timeframe candlesticks? I use these three charts in conjunction with real market rhythm.
4-hour chart — The steering wheel of the overall trend.
Now, before every operation, my first step is to open the 4-hour candlestick chart:
• Uptrend: Higher highs and higher lows, prioritize going long;
• Downtrend: Lower highs and lower lows, avoid going long;
• Sideways consolidation: Don’t rush in, mainly observe.
Only when the trend is clear and the structure is defined, I will continue to look further down.
1-hour chart — The map to grasp entry and exit positions.
Next, I switch to the 1-hour chart, focusing on finding positions:
• Previous highs, previous lows, platform support, dense moving average areas;
• Look for places where the market has previously "reacted";
The market always has opportunities, but they don't wait for you every day.
If you don’t act, then just continue watching others recover, flip their accounts, and get on shore.
Talking too much is useless; when the rhythm is right, the U will come.