Chart for trendlines

[comeasyouare2019]

thank you share

 

[Andre Matthew Rorie]

nice sharing

 

[Shan prashaanth]

Welcome

 

[Shan prashaanth]

Good

 

[Shan prashaanth]

Nice

 

[Emadkh]

up

 

[Sugianto]

Monthly

 

[kitchi]

Good stuff

 

[mramru]

Daily 1D is good for swing time frame

 

[Kibe]

Daily is the best for the trend confirmation

 

[Kibe]

Use daily charts for trend and a lower TF for entry and exit

 

[anton]

What is best chart for trendlines for day trading. 1d 3 and 5d? I cant see a yearly chart being good other than for swing trading.

What do you mean?
Thanks

 

[midgi]

the daily trendlind works best for me. it helps identify key swings

 

[khalloudee]

Daily is the best for the trend confirmation................

 

[ernestphillips]

The best chart for day trading trend lines is the one-day chart. This is because you want to avoid any gaps in your trades. For swing trading, I would say the weekly chart would be best because it will show the bigger picture. So if you were day trading and used a weekly chart for buying and selling, you could get some good entries and exits because the weekly chart shows the overall trend.

 

[gianfranco]

A one-day chart is more likely to provide deeper detail of near-term market action, whereas a weekly chart may offer the longer-term context required for evaluating the significance of daily price moves. You can draw a trendline on a daily chart. The price action on the higher time frames is more likely to follow the trendline.