Let’s take it up a notch in this lesson and talk about deceleration and consolidation using multi-timeframe analysis. We already know the difference between deceleration (price slowing down around S/R after accelerating) and consolidation (price continues to move sideways at S/R for an extended period of time), but what does that actually look like when we start to apply multi-timeframe analysis? Find out in this lesson.
In this lesson, you’re going to learn how to confirm reversal candlestick formations using multi-timeframe analysis. We already know what reversal candlesticks look like from the previous lesson, but we only looked at them using one timeframe. Now we will incorporate multi-timeframe analysis and ...