lowtrade

[lowtrade]

1 month 60 min chart yes, Kind of. but usually the third top flag step up is the largest. Showing the exhaustion of positive sentiment. Kind of like a large high candle tail at the top of a run in a daily time frame chart.

Personally don't recommend using minute charts unless day trading using a 5 minute daily chart. That's because IMO picking different chart time frames becomes a search for a chart which offers the user a positive pattern to support their feelings about direction.
Stick to daily time on monthly chart or 3 month chart, when swing trading. IMO