Hello traders and investors!
Today I'll talk about choosing the right timeframe and how you can use different timeframes when looking for trades. This will help us uncover what is hidden in this candle on the chart.
When we look at something, we are usually limited by a certain viewpoint. From this point, we only see part of the whole picture. But if we move and...
Main price pattern of financial instruments
So, when we talk about the price of financial stuff, like stocks or crypto, it often moves in specific ranges over different timeframes, right? Whether it's weekly, daily, hourly, or even minute charts, prices tend to hang out in these ranges for a while. Traders call this kind of price movement "consolidation,"...
