WickCheck / Trading school / Timeframe
TimeframeBeginner
How much time one candle covers: 1 minute, 15 minutes, 1 hour, 1 day and so on.
What it means
The same market tells different stories on different timeframes. A downtrend on the 5-minute chart can be a small pullback in a daily uptrend. Most traders read bias on a higher timeframe and time entries on a lower one.
How to spot it
- Pick one higher timeframe for direction and one lower one for entries.
Common mistakes
- Flicking through timeframes until one agrees with the trade you want.
Related terms
Top-down analysisReading the market from the higher timeframes down to the entry timeframe.…Higher-timeframe biasThe expected direction from a bigger timeframe (4h, daily, weekly), used to deci…CandlestickOne bar of price: open, high, low and close for a period of time.…
Why most strategies need a human behind the screen
Read the lessonWhat a mechanical test can and cannot tell you about smart money concepts.
Education only, not financial advice. Definitions vary between teachers; these are ours, written for clarity.