no, i do not refer to any higher timeframe for trend. i use the 15 min timeframe because it suits my trading personality in terms of the distance of my stops and follow through of price
yes, exactly. i recommend using closing line price instead of candlesticks though, because you will see price forming support either just above the 30 ema or straddling the 30 ema. For me, the highs and the lows are a distraction. When price cannot ...