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7Grade 7: Price Action Lab
Technical Analysis + Price Action · Multi-Timeframe Analysis

Bias from Daily, refinement on 4H, entry on 15m

Apply the bias-refinement-entry sequence across Daily, 4H, and 15m charts.

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Technical Analysis + Price Action

Multi-Timeframe Analysis

Lesson 2 of 962%
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Lesson 2 of 96Technical Analysis + Price ActionMulti-Timeframe Analysis

Today's tiny win: make one idea click.

Apply the bias-refinement-entry sequence across Daily, 4H, and 15m charts.

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From wide-angle to close-up

Lesson one introduced the three-layer idea. Now we make it concrete. Open EUR/USD or whatever pair you follow. Start on the Daily. Ask one question only: which way is this market leaning? You are not looking for an entry. You are not drawing fifty levels. You want a single answer — up, down, or sideways. If you cannot answer in 30 seconds, the bias is unclear and you move on.

Wick holds a clipboard with three checked lines for GBP/USD: Daily up, 4H zone at 1.2750, 15m engulfing candle, showing all three layers lining up before a trade idea.Three answersDirection: Daily upLocation: 4H 1.2750Timing: 15m engulfing
Wick saysDaily answers direction, 4H answers location, and 15m answers timing.

Once bias is set, drop to the 4-Hour chart. Now you are looking for where a tradeable reaction might happen. That usually means a known support or resistance level, a prior swing high or low, or a trendline that is still intact. Mark one or two zones. Not ten. Two is plenty.

Finally, drop to the 15-minute. Now your job is just to wait. You want the price to reach your 4H zone, and then you want the 15m chart to give you a sign. A clean rejection wick, a strong reversal candle, a break of a small trendline against the prior move — any of these can serve as your trigger. The trigger does not need to be fancy. It just needs to be visible.

Wick looks through a lens at a small red candle swallowed by a big green candle at 1.2750, showing a simple, visible 15m trigger once price reaches the marked 4H zone.15m trigger at 1.2750Small redBig green
Wick saysAt the 4H zone, a clear 15m candle like a bullish engulfing can be your timing clue.

A worked example. Say the Daily on GBP/USD is in a clear uptrend. On the 4H you spot a prior resistance at 1.2750 that the market broke and is now pulling back to. That is the zone. You drop to the 15m and wait. When price tags 1.2750 and prints a strong bullish engulfing candle, that is your trigger. Bias was up. Zone was 1.2750. Trigger was the engulfing. Three layers, lined up.

Wick stands by a traffic light with the red lamp lit for bias unclear, skip, yellow for wait for the zone, and green for all three line up, teaching that an unclear Daily means no trade.Bias unclear: skipWait for the zoneAll 3 line up
Wick saysIf you cannot read the Daily bias in 30 seconds, skip that pair for the session.

Recap: Daily answers direction, 4H answers location, 15m answers timing. Unclear answer at any layer means no trade.

Knowledge check

Answer before moving on.

0 / 3 answered

1. On the Daily chart, what is your only job?

2. On GBP/USD the Daily is clearly bullish and the 4H shows price approaching prior resistance at 1.2750. What should you do on the 15m?

3. What does it mean if you cannot tell whether the Daily is trending up, down, or sideways?

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