Forex charts

Chart is one of the many tools frequently used technical tools for interpreting the market movements with respect to volumes and pricing:

  • Candlestick chart
  • Bar charts
  • Line charts
  • Point and Figure Chart
  • Kagi Chart
  • Three Line Break Chart
  • Tick Charts

Further all of such charts are classified into different timeframes

  • 60 second charts or The One Minute charts
  • The Five, Ten and Fifteen Minute charts
  • Thirty and Sixty Minute charts
  • 6 hours, Daily, Weekly and Monthly charts

 

The interpretation of the charts is easy but the catch lies in the choice of the charts. Which chart should be used under what circumstances would decide whether you interpretations are moderately appropriate or are bang on the target?

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