how to use the multitime frame resistance indicator
on the daily chart set this indicator
to 1day higher interval setting.
on the 15 min chart set the indicator to the 1hour higher interval setting.
then you can enter wait till prices goes to the prefered area (below 18 sma = bearish on daily chart) and then enter using your prefered method:
as usuall a trendline break for confirmation is a good way to filter out bad entries.
targets are next support areas or simply the 1:1 extension target.
on the 15 min chart set the indicator to the 1hour higher interval setting.
then you can enter wait till prices goes to the prefered area (below 18 sma = bearish on daily chart) and then enter using your prefered method:
as usuall a trendline break for confirmation is a good way to filter out bad entries.
targets are next support areas or simply the 1:1 extension target.