Cryptocurrency Q&A How do you trade a 4 hour timeframe?

How do you trade a 4 hour timeframe?

Sara Sara Mon Dec 16 2024 | 7 answers 1124
I am interested in learning about trading within a 4-hour timeframe. Could someone explain the strategies and techniques involved in effectively trading within such a short time window? How do you trade a 4 hour timeframe?

7 answers

Chiara Chiara Wed Dec 18 2024
Technical analysis on the 4-hour chart involves identifying patterns formed by candlesticks.

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Raffaele Raffaele Wed Dec 18 2024
A red or blue candlestick can signal a potential high point on the chart.

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noah_stokes_photographer noah_stokes_photographer Wed Dec 18 2024
To confirm this high, traders look at the subsequent candlestick.

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Caterina Caterina Tue Dec 17 2024
If the next candlestick forms a higher high than the previous one, a line is drawn connecting the highs of both candlesticks.

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LucyStone LucyStone Tue Dec 17 2024
This line acts as a reference point for further analysis.

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