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Best time frame for intraday trading is important for traders. You have to work hard to make money in the stock market. The stock market relies mainly on two methods. first is fundamental analysis and second is technical analysis.
Time frame is a main part of technical analysis. technical analysis depends upon candlestick pattern and respect to timeframe.
You need to know the candlesticks before using the timeframe. some candlesticks are bearish and some have bullish candlestick pattern.
Today, I will tell you the best timeframe for bullish candlestick pattern.
Best time frame for intraday trading with candlestick patterns
Generally, 5 minute and 15 minute best time frame for intraday trading. There are three single bullish candlestick patterns and 12 multiple bullish candlestick patterns.
Dragonfly doji , hammer and inverted hammer It is advisable to use a timeframe of 5 and 15 minutes.
|Bullish harami||5 & 15 minutes|
|Bullish Engulfing||5 minute|
|Bullish harami cross||5, 15 minutes and 1 hours|
|Homing pigeon||5, 10, 15 minutes and 1 hours|
|Bullish Doji star||5 and 15 minutes|
|Matching Low||5, 15 minutes and 1 hours|
|Tweezes bottom||5, 15 minute and one hours|
|Kicking up||5 and 15 minutes|
|Turn up||5 and 15 minutes|
|Bullish meeting line||5, 15 minutes and 1 hours|
|Bullish tasoki line||5 and 15 minutes|
Frequently asked question
Best time frame for intraday trading in cryptocurrency
5 minutes is the best time frame for intraday trading in cryptocurrency. You should use 5 minute and 15 minutes timeframe for crypto trading intraday.
best time frame for short-term trading
If you’re the short term trader then you should have to use daily, weekly and monthly timeframe while taking trade.
Best candlestick time frame for intraday
5 and 15 minutes is the best candlestick time frame for intraday.
Which time frame is best for trading
If you’re intraday traders then 5 and 15 minutes is the best candlestick time frame for intraday.
If you’re positional trader then you should have to use daily, weekly and monthly timeframe while taking trade.
Is 5 minute chart good for trading
Yes, its fully depending upon trader.
Which chart is best for intraday?
Tick chart is best for intraday.
Which candlestick pattern is most reliable for intraday?
The shooting star candlestick is one of the most reliable candlestick patterns for intraday trading.
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