I'm trying to understand trading charts and came across the term 'candle time frame'. I want to know what it means in the context of analyzing stock prices or other financial markets.
Candlestick patterns are primarily short-term indicators in the financial market.
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AndreaThu Nov 28 2024
Engulfing patterns, piercing patterns, and dark cloud cover patterns take two days to complete, offering a clearer picture of market sentiment and direction.
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ChiaraThu Nov 28 2024
They usually form within a span of 1 to 3 days, reflecting the immediate sentiment and momentum of traders.
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EleonoraThu Nov 28 2024
These patterns hold validity for a period of 1 to 2 weeks, providing traders with a timely window to make informed decisions.
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ValentinaThu Nov 28 2024
Specific patterns like Hammers and shooting stars can be identified within just one day, signaling potential reversals or continuations in the market trend.