What is a TimeFrame?

A timeframe in technical analysis refers to the length of time represented by each individual bar or candlestick on a chart. For example, a daily timeframe would show one bar or candlestick per day, while a 15-minute timeframe would show one bar or candlestick every 15 minutes.

Different timeframes are used by traders and investors to analyze price movements in different ways. Shorter timeframes, such as 1-minute or 5-minute charts, are often used by day traders or scalpers who seek to profit from short-term price movements. Longer timeframes, such as weekly or monthly charts, are often used by longer-term investors who are interested in the bigger picture and trends in the market.

Using multiple timeframes, or "timeframe analysis," can provide a more comprehensive view of the market and help traders identify trading opportunities. For example, a trader may use a daily chart to identify the overall trend of a security and a shorter timeframe, such as a 1-hour chart, to identify specific entry and exit points.

It`s important to note that different timeframes can produce different signals and trends, so traders must use discretion and combine their analysis with other technical indicators and market data to make informed trading decisions.