iamkrushnal
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Hello Guys, I'm Krushnal. Today I'm struggling with my trading. I'm very much confused. One thing which confuses me a lot is, which is the best timeframe for entry.
Let me explain you thoroughly. After consolidation when we find breakout, we are suggested that to let candle get closed without big upper wick. But there are different number of candlesticks in different consolidation, for e.g. 100, 50, 30, 150. Now lets say if the consolidation was of 200 candles of 5 min. Then should I change my Timeframe to higher timeframe or wait for confirmation at 5 min?
**In this example I have used consolidation, but it can be a pattern or anything.
Let me explain you thoroughly. After consolidation when we find breakout, we are suggested that to let candle get closed without big upper wick. But there are different number of candlesticks in different consolidation, for e.g. 100, 50, 30, 150. Now lets say if the consolidation was of 200 candles of 5 min. Then should I change my Timeframe to higher timeframe or wait for confirmation at 5 min?
**In this example I have used consolidation, but it can be a pattern or anything.
