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Timeframes help confirm entries and exits.
Definition:A Timeframe is the production of a chart that is comprised by combining a series of individual price bars together through time, each with the same duration. For example, a daily Time Frame refers to a chart that is made up of individual price bars one day in duration each. Practical Use:Technical analysts use different Timeframes to better understand the sentiment of a chart on a long and short term basis. |
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