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LTF Overbought & Oversold Levels Determine HTF Candle's Wicks
AUDCHF
, 1D
Education
AUDCHF: LTF Overbought & Oversold Levels Determine HTF Candle's Wicks
05:06

The overbought & oversold levels on a lower timeframe can determine the upper and lower wick on a higher timeframe's candle. If you know with a high probability what the directional bias is (trend is determined by the HTF candle body closing above or below the 8ema convincingly) you can then use the LTF overbought/sold levels to catch the wick entries of the...

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