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Old 29-09-2005, 20:03   #4
Leonardo.1977
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Re: The lowest timeframe for patterns

Quote:
Originally Posted by issi1206
Hi there, recently I´ve been drawned to price patterns such as gartleys, 1-2-3 pattern etc. thanks to this forum.

I was wondering what would be the lowest timeframe that the patterns would be valid and not producing a lot of false signals.

Would you think for example 15 min chart were to low?

regards, Asgeir

Personally I use 4h chart as my lowest time frame, I like 4h's price movement range and fibonacci retracement. Mostly, there are 130-270 pips in euro's impulsive wave, 70-170 pips in corrective wave.

Good luck on your journey.

Leonardo1977
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Last edited by Leonardo.1977 : 29-09-2005 at 22:02.
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