For Business

Trends & Market Structure

How to Use Two Timeframes Together

Two timeframes are used together by reading the bigger chart for where the price is in its longer move and the smaller chart for the detail of what it is doing now. This paper shows you one weekly candle of the pound opened into its five daily candles, the idea as a month page on the wall and a day page in the diary, the weekly chart that gives the week its place, the daily chart that gives it its detail, and how to tile the two windows one above the other on your platform.

Difficulty
Beginner
Reading time
5 min
Pages
8
Reviewed by
Saman Rahbar

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One week, five days

A timeframe is the length of time each candle covers, and the same week can be one weekly candle or five daily ones. The pound against the dollar in the week of 7 April 2025 opened at 1.28332 and closed at 1.30816, with a low of 1.27079 and a high of 1.31447: one green candle with a long lower wick — the thin line beyond the body. Its five daily candles tell the week in detail: Monday fell 125 pips to the low, a pip being the fourth decimal place, and Tuesday to Friday climbed back and on. The weekly candle says what the week did. The daily candles say how.

A month page and a day page

The picture is a calendar on the wall and a diary on the desk. The month page shows where the day sits: early in the month, after a week of rain, before the holiday. The day page shows the hours. Neither is enough alone, because the month page has no detail and the day page has no context. Two timeframes are the two pages. The bigger chart is the month, the smaller chart is the day, and they are read together — the big one first, for where you are, then the small one, for what is happening.

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