Many people repeatedly fall into traps, and the problem lies in focusing on only one period.
Today I will talk about my commonly used multi-period candlestick trading method, three simple steps: grasp the direction, find the points, and time the opportunities.
1. 4-hour candlestick: Determines your major direction for going long or short
This period is long enough to filter out short-term noise and clearly see the trend:
•Uptrend: Higher highs and higher lows → Buy on the dip
•Downtrend: Lower highs and lower lows → Short on the rebound
•Consolidation: Prices fluctuate within a range, easily leading to losses, frequent trading is not recommended
Remember this: trading with the trend has a higher win rate, trading against the trend will only lose money
II. 1-hour K-line: used to delineate ranges, find key levels
Once the major trend is confirmed, the 1-hour chart can help you find support/resistance:
• Approaching trend lines, moving averages, and previous lows are potential entry points
• If approaching previous highs, important resistance, or top patterns appear, consider taking profit or reducing positions
III. 15-minute K-line: only execute the final 'trigger action'
This timeframe is specifically for finding entry opportunities, not for observing trends:
• Wait for a small cycle reversal signal (engulfing, bottom divergence, golden cross) at key price levels before acting
• The trading volume needs to be released; a breakthrough is reliable, otherwise it's easy to fake out.
How to coordinate multiple timeframes?
1. First define the direction: use the 4-hour chart to decide whether to go long or short
2. Find entry zones: use the 1-hour chart to outline support or resistance areas
3. Precise entry: use the 15-minute chart to find the final signal
A few additional points:
• If the directions of several timeframes conflict, it’s better to stay out and observe than to take uncertain trades
• Small cycle fluctuations are fast; always use stop-loss to prevent repeated stop-outs
• Combining trend + position + timing is much better than blindly guessing at the charts
Stay close to Aze's pace, believe first and then receive; the team still has positions to help you out of confusion,
Still the same saying: follow the right people to profit; avatar → follow → is your wealth guide
