What time frames are the best to use?⠀⠀
I hear a lot of people saying it’s the Daily, 4 Hour and 1 Hour. In reality it’s all of them!⠀⠀
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Yes, all of the time frames are the best to use. Analysing on all time frames gives you a very good overall bias, long term and short term.⠀⠀
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We analyse on all time frames because imagine if you are in a buy position which you spotted on the 1H chart, but price is at a Monthly resistance zone on the monthly or weekly chart, not a good mix are they?⠀⠀
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NO! Analyse on all time frames, start on the monthly and then work your way deeper into the chart and finish on the 15 min chart.⠀⠀
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@CryptoTrades #education #timeframes #strategy #signals #cryptotradespremium #winningsignals
I hear a lot of people saying it’s the Daily, 4 Hour and 1 Hour. In reality it’s all of them!⠀⠀
⠀⠀
Yes, all of the time frames are the best to use. Analysing on all time frames gives you a very good overall bias, long term and short term.⠀⠀
⠀⠀
We analyse on all time frames because imagine if you are in a buy position which you spotted on the 1H chart, but price is at a Monthly resistance zone on the monthly or weekly chart, not a good mix are they?⠀⠀
⠀⠀
NO! Analyse on all time frames, start on the monthly and then work your way deeper into the chart and finish on the 15 min chart.⠀⠀
⠀⠀
@CryptoTrades #education #timeframes #strategy #signals #cryptotradespremium #winningsignals
Every time frame shows us something different.
A weekly candle can be extremely bullish but on the daily chart, price can look bearish.
So what do you do?
Try utilising top down analysis.
This is when you analyse a pair from the monthly time frame down to the 15 min time frame.
Doing this gives you access to the full picture, it will help you determine the time scale of your position and also the overall bias!
Try it out!
@CryptoTrades #education #candlesticks #timeframes #topdown #signals #cryptotradespremium #winningsignals
A weekly candle can be extremely bullish but on the daily chart, price can look bearish.
So what do you do?
Try utilising top down analysis.
This is when you analyse a pair from the monthly time frame down to the 15 min time frame.
Doing this gives you access to the full picture, it will help you determine the time scale of your position and also the overall bias!
Try it out!
@CryptoTrades #education #candlesticks #timeframes #topdown #signals #cryptotradespremium #winningsignals