Multi-Timeframe Analysis | Candlestick Patterns | Identifying Strong vs Weak Candles Signals
How to Analyze by Time Frame.
1. Understanding Multi-Time Frame Analysis (MTFA)
Multi-time frame analysis involves confirming trends, identifying key support/resistance levels, and examining price action across different time frames to improve trading accuracy.
Steps for effective time frame analysis:
1. Start with higher time frames (HTF) - weekly/daily charts for overall trend direction.
2. Move to intermediate time frames - 4H/1H charts for confirming trade setups.
3. Use lower time frames (LTF) - 15M/5M for accurate entry and exit.
Example:
Trend confirmation: If the daily is bullish and the 4H shows a pullback, look for buys on the 1H/15M.
Divergence check: Be cautious if the weekly shows weakness but the daily is strong.
Candlestick Strength: How to Read Bullish & Bearish Signals
1. What makes a candlestick strong?
Long main body → strong buying/selling pressure.
Small or no wicks → rejection at high/low minimum.
Close near extreme → strong momentum (bullish: close near high, bearish: close near low).
2. Strong Bullish Candles
✅ Marubozu - no wicks, full body, strong momentum.
✅ Swallowing pattern - large candle swallows the previous one.
✅ Hammer / Inverted Hammer - rejection of low with a bullish follow-through.
3. Strong Bearish Candles
✅ Bearish Marubozu - full body, no upper wick.
✅ Shooting Star/Hanging Man - rejection at high.
✅ Evening Star/Dark Cloud Cover - reversal pattern.
4. Weak Candles (Indecisive)
Doji - Open ≈ Close, indecisiveness in the market.
Spinning Top - Short body with long wicks, weak trend.
Multi-timeframe analysis
Candlestick strength
Bullish and bearish candles
Price action trading
Support and resistance
Trend confirmation
Candlestick patterns
Trading strategies
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