Daily chart is the best chart
A model is applicable to every timeframe
Choose a model you can spot easily, that you like the most
Its about your unique personality As a beginner, start with the daily chart Daily chart gives you your daily bias But the hard part is trusting it
Look for markets that show a strong willingness to move away from a spot
Monthly chart is a lot of money behind it so its important to know the monthly chart
Smart money sells in upmoves and buys in downmoves
Large funds have stops below that low
He uses that breaker because its lower then the other one
At the grading swings setups should form, every 25% of the range
We look at OTEs, orderblocks, stop runs (turtle soup, false breakout), breakerblocks
They absorb orders on the buyside and then quickly move to the downside
We look for these flase breakouts when we know price will likely be bearish, we can anticipate on them
First you have to know why the stop run is happening, and you get that context from in this case the monthly chart
Hold on to the bias until youre clearly shown your wrong, until it does that we stay with the mindset of going short
You only need 1 good pattern ICT has 3, trades inside a range he waits for the pullback, or selling at bearish orderblock, or he sells short at a sweep of buy stops. Trading inside the range, selling above a high or selling at an orderblock when he thinks its not necessary to run the stops, adn you will learn that later to know when it will run a orderblock or if it will hold