Many people repeatedly fall into traps at 45308457297 because they only focus on one timeframe.

Why look at the 4-hour, 1-hour, and 15-minute candlesticks?

Today, I will discuss my commonly used multi-timeframe candlestick trading method, which consists of three simple steps: grasping the direction, finding entry points, and timing.

1. 4-hour candlestick: Determines the major direction for going long or short.

This timeframe is long enough to filter out short-term noise and clearly see the trend:

• Uptrend: Higher highs and higher lows → Buy on dips

• Downtrend: Lower highs and lower lows → Sell on rebounds

• Sideways range: Prices fluctuate within a range, making it easy to get whipsawed; frequent trading is not advised.

Remember this phrase: Going with the trend increases your win rate; going against the trend only gives away money.

2. 1-hour candlestick: Used to delineate ranges and find key levels.

Once the major trend is determined, the 1-hour chart can help you find support/resistance:

• Approaching trend lines, moving averages, and previous lows are potential entry points.

• As previous highs, significant resistance, or top patterns approach, consider taking profits or reducing positions.

3. 15-minute candlestick: Only used for the final 'trigger action.'

This timeframe is specifically for finding entry opportunities, not for assessing the trend:

• Wait for small timeframe reversal signals (engulfing, bullish divergence, golden cross) at key price levels, then take action.

• Volume should be significant; only then is a breakout reliable; otherwise, false moves are likely.

How to combine multi-timeframes?

1. First, determine 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 identify support or resistance areas.

3. Precise entry: Use the 15-minute chart to find the final signal for entry.

A few additional points:

• If the directions of several timeframes conflict, it’s better to stay out and observe rather than take uncertain trades.

• Small timeframes fluctuate quickly, so always use stop-loss orders to prevent repeated losses.

• Combining trend direction, position, and timing is significantly better than blindly guessing by staring at the charts.

I have been using this multi-timeframe candlestick method for over 2 years; it is a foundational configuration for stable output. Whether you can use it well depends on your willingness to analyze the charts more and summarize your findings. Expressing the meaning of this article in another way.