Multitime Frame
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Recently I watched YouTube video of Raju Sir they
discussed about the Multitime Frame concept and accordingly3% Box Value for Trend Identification
1% Box Value for SETUP identification
0.25% Box Value for entry identificationMy question is what is the "SETUP" what Raju Sir trying to convey in terms of SETUP
I am also purchased Prashant Sir P&F course and he is teaches a concept SETUP - Means if Trend & Pattern both are bullish than Setup is bullish
So both concept are same please educate us
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Yes, both concepts are actually aligned.
In Multi-Time Frame analysis, what Raju Sir explained as “Setup” refers to the medium-term structure. If the medium-term setup is bullish and the long-term trend is also bullish, then our bias should remain on the bullish side.
In simple words, when the higher time frame trend is bullish and the medium time frame setup (trend + pattern) is also bullish, we should focus only on bullish trading opportunities on the lower time frame for entries.