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When analyzing a chart, the first step is to check the overall market strength and look at the background. After that, itâs important to choose a time frame for your entry. Some people prefer the 5-minute chart, while others, like me, stick to the 15-minute time frame. Why? Because market movements on the 5-minute chart can be tricky to readâthereâs too much noise. With the 15-minute time frame, it's easier to spot clear trends, making it a solid choice for trading. Plus, many professional traders also prefer the 15-minute window for setting their trades.
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