The importance of using different Timeframes

Updated
When visualizing the market and conducting technical analysis, it is crucial to interpret different timeframes.

Multi-timeframe analysis can enhance the probability of success in our trading by utilizing support and resistance levels from higher timeframes than our base timeframe.

It is also useful for identifying candlestick patterns in other timeframes and assessing their alignment with other signals observed in our analysis.
Trade closed manually
candlestickpatternChart PatternsForexTechnical IndicatorstradingTrend Analysis

Also on:

Disclaimer