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Time Frames and Chart Patterns

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Vernalta

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What I can catch here, maybe what you mean is when you want to use a chart pattern or candlestick pattern. Try to use a higher timeframe, at least 1 day to 1 month. Why do I say that because when you use a higher timeframe the signal that is generated will definitely be valid 80% will be valid but when you get a chart pattern under 1 hour it will not be valid and tend to get fake signals so all of this has to have rules no it can be used in all timeframes let alone use timeframes like 1 minute or 5 minutes.
#211 - August 07, 2023, 09:28:09 AM

Dyandra

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If you like analysis using chart patterns I think you should be able to use a higher time frame at least maybe 4 hours 1 day or 1 week all of that is something we have to do well so you can see the potential to use the pattern well so you can focus well to do the job with more comfortable results
#212 - August 08, 2023, 08:31:04 AM

Vernalta

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When you use a chart pattern you should be able to look for a longer timeframe so you can find the right pattern and not fake it at least using one day as much as it is clearer
#213 - August 10, 2023, 03:32:58 AM

Dyandra

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all of these timeframes have their own patterns when you want to do an analysis using patterns you should try to use a higher timeframe of at least 4 hours and above or 1 day and above because it is more precise
#214 - August 11, 2023, 02:59:09 AM

Vernalta

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all of these patterns will work properly when you can use them correctly at each time frame you must be able to manage information from all of these patterns to make the correct Open positions
#215 - August 12, 2023, 03:11:02 AM

Dyandra

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You really have to be able to use the chart pattern correctly, but we also have to be able to pay attention to all timeframes so that later the results are more optimal for use
#216 - August 13, 2023, 03:31:58 AM

Vernalta

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one of the right steps to analyze high levels is to use the chart pattern itself. You can use existing patterns on any timeframe, be it small or long
#217 - August 14, 2023, 03:14:54 AM

Dyandra

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what you have to do here is manage information from chart patterns at each timeframe because in my opinion this can really make us use trading comfortably because we already know the pattern
#218 - August 15, 2023, 02:42:10 AM

Vernalta

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Each time frame must have a pattern and you must be able to analyze the pattern so that later you can have sophisticated tools for success.
#219 - August 16, 2023, 03:20:27 AM

fxVirtuoso7

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Hey there! Great question! So, about those Japanese candlestick chart thingies ? you're totally right about the craziness on super short time frames like 5 minutes. Those tiny price wiggles can mess up patterns big time. For more reliable patterns, I'd suggest kicking it up a notch to at least 1-hour or even 1-day time frames. That way, you'll smoothen out some of that noise and get a clearer picture of what's going on. Both 1-hour and 1-day time frames can work, but it depends on how patient you are. Short-term action? Go for 1-hour. Big picture? 1-day's your buddy.


Many articles can provide you with timeframes explanations like from Prime Codex?s website, or maybe from XM and other brokers.


Happy pattern hunting! 🕯️📊



#220 - August 16, 2023, 08:27:27 AM

Dyandra

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When you analyze you should be able to find good patterns in a given time frame because with these patterns we can get smarter and better profits
#221 - August 18, 2023, 01:49:29 AM

Vernalta

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One of the ways that we can be lucky is to use patterns because when we can use patterns well we can use the right timeframe
#222 - August 19, 2023, 05:23:54 AM

Dyandra

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using that timeframe will definitely be very important because in that timeframe there are many patterns that you can try to get realistic profits
#223 - August 20, 2023, 04:56:18 AM

Vernalta

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One of the most comfortable ways when you do forex trading is to observe existing patterns because when you can observe existing patterns you can succeed in a better way
#224 - August 22, 2023, 03:50:12 AM

Dyandra

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all you have to do is to use patterns when using charts because then you will get used to analyzing stably
#225 - August 23, 2023, 04:19:08 AM
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