Timeframes and the top-down view
The same gold market looks completely different on different timeframes. A sharp drop on M5 can be a tiny pullback on H4.
| Code | One candle = | Used for |
|---|---|---|
| M1, M5 | 1 or 5 minutes | Scalping, precise entries |
| M15, M30 | 15 or 30 minutes | Day-trade entries and setups |
| H1, H4 | 1 or 4 hours | Day and swing direction, key levels |
| D1 | 1 day | The main trend and big levels |
| W1, MN | 1 week, 1 month | Long-term picture |
🔒
Sign in to read the full lesson
GoldBot Academy is free. Create an account or sign in to read every lesson, take the quizzes, save your progress and earn certificates, on the website and in the app.
- 🔒 Top-down analysis
- 🔒 Pick your trading timeframe
- 🔒 Key takeaways and quiz
GoldBot Academy is free education. Nothing here is financial advice; trading carries a high risk of loss.