Thisįact kind of smoothens the price action and lets the trader to focus more
Price action because it takes more time for a candlestick to close. On the other hand, the higher time frames are less prone to such noisy This doesn’t mean you can’t trade those events, but you should be Picture, but in the short term they may cause the price to spike here and
Of those drivers may not be important for the market in the bigger Price react to different daily drivers like news, rumours, economic data,Ĭentral bank speeches, reports, geopolitical developments and so on. Generally, the lower time frames are noisier because you will see the Who wants to take more long term trades, then timeframes from 1 hour to If you are someone thatĭoesn’t have time to look at such fast timeframes or you are just someone
Real time than let’s say a weekly timeframe. This is because you will see the price action more in Want to look at faster timeframes like the 5 minutes, the 15 minutes or Let’s say for example you want to take short term trades, in this case you
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