Inside technicals and chart patterns by 
While waiting for a longer term time frame set up to trigger you’ll often find that short term charts hold the key to getting there. That’s the case with the trend follow on the daily dollar-yen and the 240 minute falling wedge below.
Consider that the daily chart needs a rally to reach the downtrend line resistance and simulataneouly a break through resistance on teh 240 minute chart would be a first step in that move. That’s why it’s called “one thing leads to another” and why there can be a longer term short set up while playing an intraday long set up as in the case of the falling wedge alert.