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Monday, May 31, 2021




Most technical traders in the financial markets(crypto, forex, etc) whether they are novices or seasoned pros, have come across the concept of multiple timeframe analyses in their educations.

However, multiple timeframe analysis is often the first level of analysis to be forgotten when a trader pursues an edge over the market.
Multiple timeframe analysis involves monitoring the same currency/crypto pair across different timeframes.

While there is no real limit as to how many timeframes can be monitored, or which ones to choose, there are general guidelines that we should follow as a trader. Using three different timeframes gives a broader view of any market.

Using fewer than this can result in a considerable loss of data while using more typically provides redundant analysis and
indecision. When choosing the three timeframes, a simple method can be followed. this rule has been developed and shared among our students, be it day traders, swing trader, or position trader the rule is applied to help the trader pick his/her best timeframe for top-down analysis

from TradingView Ideas
via gqrds

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