Master Traders use multiple time frame analysis (MTF) of price patterns as part of their trading strategy. A trend in a higher time frame gives a bias of up, down or sideways. The lower time frame, prior support or resistance tells us the "Location" where prices should reverse and move in alignment with the higher time frame. Candlesticks convey the messages of supply and demand during the trend and potential turning points. And the combination of this information comes together as a strategy to trade with objective information. Do we need indicators to tell us how to interpret all this? |