The Higher TimeFrame Narrative

"It's fine to celebrate success, but it is more important to heed the lessons of failure." — Bill Gates

We revisited this Weekly Gap yesterday and had the same reaction as last week. The higher timeframe narrative is what gives context to everything happening intraday. Without it, traders end up reacting emotionally to every candle instead of understanding where price is likely trying to go overall. For example, if the higher timeframe is clearly bullish …