Without that limitation, there would be a thick red block of false signals covering much of the recent half - cycle. (hussmanfunds.com)
Markets also give false signals and make investors think something is going to happen when something much different happens. (blog.fundx.com)
There are many false signals on lower time frames and so you have to know how to properly trade the daily charts before you can understand how to properly trade the lower time frames. (learntotradethemarket.com)