Multiple timeframes
What you’ll notice when looking across multi timeframes of a chart is how shorter timeframe patterns can combine to make another pattern in a longer timeframe.
Here are some examples:
It is tempting to fit the findings of one time period to a bias you might have, try to avoid this and remember:
Traders should only act on candlestick patterns in their chosen trading timeframe.
Key Learning Points
- Candlestick patterns can combine in shorter timeframes to make patterns in longer timeframes.
- Traders should only act on candlestick patterns in their chosen trading timeframe.
