Dear @JacoAF , i thnik it is better for you to show us the real account of your trading at your profile, at least we can alert on your comment here. Comment without proof is nothing for me.
Swing traders mostly did the analysis at Daily timeframe at least. H4 normally use by Intraday traders. Never heard swinger using H4 so far. Or maybe after you attached your real swing account on your profile, then I believe.
Anyway, thanks for your deep analysis.
I remember I read while doing one of my studies(googling) that one should look for daily chart, since that is how the big players work.
If one looks for EURUSD it can be seen that in weekly time frame it is bearish. However, I am currently in long position, since I think it can be traded both ways. I think EURUSD is currently in so called ranging-trending market condition. I started too early, and my S&R analysis did not work. It would have helped, if I had opened a much smaller position. I'll see how it works out this time.
I think, too, that there is no fixed rule in which time frame to execute entries and exits. In technical language there is a condition in sampling, which is called aliasing. It means that minor signals are overshadowed if the sampling frequency is too low. So, multiple time frame analysis, weekly - daily - 4H and even 1H, as applicable.
There is nothing wrong trading noise (1min to 1H), but then it is a completely different trading style, and it has apparently a different set of rules.