Higher timeframes win

The same market trends up and down at once on different timeframes. The larger one holds the power, and the smaller one is where the entry happens.

A timeframe is how much time one candle covers. A daily candle covers one day, a 15 minute candle covers 15 minutes.

Each timeframe has its own highs and lows, so each one has its own trend. They disagree constantly.

The larger timeframe holds more power

There can be hundreds of 15 minute trend flips inside a single weekly uptrend. Each one is real on its own chart and none of them changed the weekly picture.

The larger the timeframe, the more time and more trading sits behind every high and low on it. That is where the weight is.

Figure 1 · A daily gold downtrend with one pullback boxed, next to the fifteen minute chart of that same pullback rising

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