Timeframe Alignment (Timeframe Confluence Theory)
Kung may confluence or alignment ng mga moving average ay may confluence/alignment din ng mga timeframes.
Some traders will only trade a stock, a currency pair or a crypto coin kapag may 3 or more timeframe na the same ang sinasabi.
If 15 min, 1 hr and 4 hr timeframe all say its bullish then doon pa lang sila magtitake ng trade.
If 1 hr, 4hr and 1D na timeframe says its bearish then doon pa lang sila magtitake ng short na trade.
They do this to have some sort of confirmation and they can also be certain na may strong trend na nangyayare.
It works for some while some struggle sa idea ng timeframe confluence.
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