DHB
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If you have a look at the zoomed out 5 minute chart, you'll probably see a familiar pattern (breakout, pullback [twice], continuation). The H1 pin (highlighted in orange on the M5 chart) was a mere pullback to a M5 breakout level, before reversing back up again.
As you can see, price behaves in a similar fashion, whether it's on a D1, H1 or M1 chart. With a little practice you'll start recognizing this stuff more easily. I'm at it now for a little over half a year, and only recently have I seen the light somewhat. Mind you, this is only the beginning. It's the psych stuff that is really the most challenging.
As you can see, price behaves in a similar fashion, whether it's on a D1, H1 or M1 chart. With a little practice you'll start recognizing this stuff more easily. I'm at it now for a little over half a year, and only recently have I seen the light somewhat. Mind you, this is only the beginning. It's the psych stuff that is really the most challenging.