Utilizing multiple time frames has an infinite number of advantages. Due to liquidity, traders use a short-term time frame to execute the perfect entry point for a trade. Also, versatile time frames are used to extract meaningful information from the market. But a single time frame can be a problem while showing only one strategic data point.
If we look into another advantage, then the forex market is set for 24 hours. So, during that time, you can switch multiple time frames during different time sessions (Asian, European, US) with different market conditions so that traders can easily spot the ideal entries.
If we look into another advantage, then the forex market is set for 24 hours. So, during that time, you can switch multiple time frames during different time sessions (Asian, European, US) with different market conditions so that traders can easily spot the ideal entries.
