Transcript · English

English transcript

Don't take a sell over here just because you

see candles coming down. If you look at this,

you got the 30-minute candle, one, two, three,

four candles moving down, and we got some sort

of rejection right over here. Let me switch

to the 15-minute and explain to you why this

would not be a wise idea. Now, I want you to

pay attention to this candle right over here.

If you see this candle, look how these candles

close, right?

Now, take a look at this candle. Did this candle

close below this support?

Absolutely not. So you need to wait for a candle

to break and close below, a body, not a wick,

a body to break and close below. This is where

the analysis on smaller time frames, you're

actually able to read structure, because if

you can wait for this confirmation, then overall

on your one-hour time frame, you can have price

moving down in this 57, 56 pip range. Again,

on the 30-minute, it doesn't make any, like,

you know, you don't see any confirmations apart

from, like, you know, candles closing bearish.

But on the 15-minute, you can see some sort

of a confirmation because you want the candle

to close below... you can't see the line, whatever.

Below this area right over here. This candle

rejected, this rejected as well. So waiting

for confirmations by studying candles is the

best thing you can do for yourself.

End of transcript · 249 words · machine translated

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