The speaker emphasizes price action, specifically focusing on candle closures and their relationship to key price levels (highs and lows), as the primary indicator for analyzing high time frame candle closures.
This video is a livestream playback focused on teaching viewers how to effectively trade using high time frame (HTF) setups. The speaker emphasizes the importance of understanding price action, specifically candle closures, swing points, and the concept of "unmitigated" or "untested" zones, to identify profitable trading opportunities. The session covers how to mark out key levels, analyze market structure, and apply these concepts to find entries and manage trades.
The speaker suggests using lower time frames in conjunction with higher time frames to confirm breaks and closures of higher time frame levels. For example, when analyzing the 4-hour chart, the speaker uses the 15-minute chart to observe if a 4-hour high or low has been definitively broken and closed on the lower time frame, which provides confirmation for trade entries and analysis. This alignment helps in identifying confirmed breaks and closures that might not be immediately apparent on the higher time frame alone.
