I'm wondering about the duration of a candle in trading. How long does it typically last? I'm trying to understand the concept better to improve my trading skills.
6 answers
CosmicWave
Wed Dec 18 2024
The duration of each candlestick varies based on the timeframe selected by the trader.
DondaejiDelight
Wed Dec 18 2024
Traders often have the option to choose different timeframes for their candlestick charts.
BlockchainWizardGuard
Wed Dec 18 2024
One of the most frequently used timeframes is the daily timeframe.
Bianca
Tue Dec 17 2024
In a daily timeframe, each candlestick represents the trading activity for one entire day.
Raffaele
Tue Dec 17 2024
The open of the candlestick indicates the starting price for the day.