: Up to 85% of intraday breakouts on lower timeframes fail; MTFA helps you ignore these "traps" if they occur against the major trend.
: Markets are fractal, meaning patterns found on a daily chart often repeat within an hourly or 5-minute chart. technical analysis using multiple timeframes pdf
A standard and effective approach involves using three distinct layers to structure a trade: : Up to 85% of intraday breakouts on