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    Timeframe To Understand Market Direction and Supply Demand

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    Pksh Lwagun
    Higher timeframes like weekly and daily charts provide essential information about overall market direction, while lower timeframes like 15-minute and 5-minute charts show intraday movements. Traders should always analyze the higher timeframe first to understand the main trend before referring to lower timeframes, as these short-term movements can be confusing pullbacks that contradict the higher timeframe trend if viewed in isolation. Analyzing multiple timeframes together avoids being misled into counter-trend positions that do not align with the overall market direction.

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    Timeframe To Understand Market Direction and Supply Demand

    Uploaded by

    Pksh Lwagun
    27 views2 pages
    Higher timeframes like weekly and daily charts provide essential information about overall market direction, while lower timeframes like 15-minute and 5-minute charts show intraday movements. Traders should always analyze the higher timeframe first to understand the main trend before referring to lower timeframes, as these short-term movements can be confusing pullbacks that contradict the higher timeframe trend if viewed in isolation. Analyzing multiple timeframes together avoids being misled into counter-trend positions that do not align with the overall market direction.

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    Timeframe to Understand Market Direction and Supply Demand

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    Higher timeframes like weekly and daily charts provide essential information about overall market direction, while lower timeframes like 15-minute and 5-minute charts show intraday movements. Traders should always analyze the higher timeframe first to understand the main trend before referring to lower timeframes, as these short-term movements can be confusing pullbacks that contradict the higher timeframe trend if viewed in isolation. Analyzing multiple timeframes together avoids being misled into counter-trend positions that do not align with the overall market direction.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    27 views2 pages

    Timeframe To Understand Market Direction and Supply Demand

    Uploaded by

    Pksh Lwagun
    Higher timeframes like weekly and daily charts provide essential information about overall market direction, while lower timeframes like 15-minute and 5-minute charts show intraday movements. Traders should always analyze the higher timeframe first to understand the main trend before referring to lower timeframes, as these short-term movements can be confusing pullbacks that contradict the higher timeframe trend if viewed in isolation. Analyzing multiple timeframes together avoids being misled into counter-trend positions that do not align with the overall market direction.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Timeframe to understand Market Direction

    and Supply Demand


    HIGHER TIMEFRAME(HTF) = WEEKLY, DAILY, 4HOUR, 2 HOUR, 1 HOUR

    LOWER TIMEFRAME(LTF) = 15M, 10M, 5M, 3M, 1M

    The white line/movement is HTF movement. First thing we look on the


    chart is HTF to know market direction. The Green line/movement is LTF
    movement. Don’t directly switch to LTF and see the market. Always
    look and analyze market first at HTF. If you look at green line
    movement i.e. LTF movement you will get confuse where the market is
    going.
    The green line movement is a pullback which is in LTF. This is uptrend
    but for a certain time only cause HTF is in downtrend, overall market is
    in downtrend. Market will flow in a wave creating HH, HL, LH, LL but
    you will get caught in wrong direction if you switch to lowertimeframe
    only.

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