when i'm trading lower timeframes, i pay a lot of attention to how far price m… · @blknoiz06 · TwKit

@blknoiz06

when i'm trading lower timeframes, i pay a lot of attention to how far price moves in a short period a 2-3% drop in 15 minutes often creates conditions for a temporary bounce or consolidation as traders take profits and forced selling gets absorbed even when the broader trend is bearish, price rarely moves in a straight line i use these periods of consolidation to identify better entries around the top of the range, while watching levels like Monday's low and the previous day's low for confirmation understanding how price reacts after a sharp move is just as important as identifying the direction of the trend

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