Every trader has been there. You pull up your favorite 15-minute chart, spot a perfect bullish flag breakout, enter a long position, and within an hour, the trade turns against you. Confused, you zoom out to the daily chart. To your horror, you realize the 15-minute "breakout" was actually running directly into a massive resistance level on the higher timeframe.
If you trade ripples against the tide, you will get swept away. MTFA ensures you are always trading in the direction of the dominant tide. The Rule of 4: Choosing Your Chart Combinations Every trader has been there
Wait for a price pullback on the daily chart to a key support level identified on the weekly chart. 3. The Low Timeframe (Execution/Entry) spot a perfect bullish flag breakout