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Candle's last dying moments.

Deez, Fri Mar 06, 2020 3:50 am

This is more of a discussion than a system.

I have been watching charts for a while now and i notice that on a 5min TF, the last candle or 2 is whats really important - the first 3 candles mean noting at all.

And lately on the 15 min TF, the the last 5 min candles that is where the action is. I'm not sure if there is something more to this or if i'm seeing wat i want to see.

So if you trade 5min expiry all you have to do is find a currency that's in a strong trend and wait for every last 5 min bar of a 15 min bar - there's a very high probability of that bar going in the direction of the trend. Notice the last 5min bars of each 15min bar from the time the trade is placed on the chart...

Any thoughts?
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