Timeframes in Technical Analysis
Intraday Charts (1 min, 5 min, 15 min)
Utilised for short term trading strategies to catch speedy price movements.
Example: Intraday charts resemble a high speed news ticker, giving current data.
Daily, Weekly, and Monthly Charts
Valuable for long-term analysis, these charts give a more extensive point of view on price movements.
Example: Daily charts resemble an everyday journal, while monthly charts sum up critical occasions over a significant stretch.