How Multi-Time Frame Analysis Works?

 

Multi-time frame analysis, sometimes referred to as multiple time frame analysis, enables traders to concentrate on the timing of transactions and may assist in determining when trends may be nearing their conclusion. This article will describe how to apply this concept to the EUR/AUD currency pair.

MULTI-TIME FRAME ANALYSIS BENEFITS

Pitchforks and median-lines, as discussed in earlier articles, are used to identify important price response zones. To provide a more comprehensive picture of current market patterns, these same ideas may be extended to other time intervals.

The objective is to “see the forest through the trees,” or, in other words, to always have a more comprehensive understanding of where the market is in relation to trend before initiating a trade based on a certain setup. We can find potential entry opportunities inside a particular price increase or decrease and aid in timing these movements by looking at price behavior in different periods.

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