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Whenever you start a trade you must follow the weekly time frame chart.
How Weekly time frame Chart is Helpful in Forex Trading:
The time frame in forex means a unit of time that the price chart you are viewing is based on. Weekly time frames are showing the range and trend of the price and trading. The shorter time frames are showing details and the longer time frames are showing wider details of trend and range in the price.
Effective and Powerful Tool:
A weekly time frame is a more effective and powerful tool to make money in forex. It helps you to show the longer terms of range in price and tell you what direction of the trend is going on. You just make sure that your trading is going per directions.
You should follow the weekly time frame chart in comparison to the daily time frame chart because it is easy to judge the long-time price action.
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