I'm interested in day trading and want to understand the time frame associated with candlestick charts. How long does each candle represent in the context of day trading?
5 answers
charlotte_anderson_explorer
Thu Dec 05 2024
Intraday candlestick patterns are commonly used in technical analysis.
Isabella
Thu Dec 05 2024
The "5-minute Candlestick chart" provides traders with a clear view of the OHLC for the preceding five minutes.
GliderPulse
Thu Dec 05 2024
Among them, the "5-minute Candlestick chart" and the "15-minute Candlestick chart" are two typical examples.
CryptoPioneer
Thu Dec 05 2024
The candlestick chart consists of four main points, namely the "open, high, low, and close" (OHLC).
amelia_martinez_engineer
Thu Dec 05 2024
These points represent the opening price, the highest price, the lowest price, and the closing price of a specific time period.