Try not to Trade

Try not to TradeLesson 7 of 114 min read

Small charts lose

Why a five minute break of structure cannot overturn a daily reading, what those candles usually are, and when the small chart does count.

The 5 minute breaking upward while your daily says seller is the exact moment the last lesson described. Here is why that break is not the argument it looks like.

Higher charts hold more weight

Module 36 stated the law: a bigger chart outranks a smaller one.

Applied here, a 1 minute or 5 minute break of structure cannot overturn a daily reading. It is a small event happening inside a much larger one.

A break on a small chart cannot outrank the chart it fits inside.

What those candles usually are

On the daily, that upward move is a few candles of a pullback. Module 34 already named it: a break against your bias on a smaller chart is usually the retracement you were waiting for.

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