Glossary › hourly chart
Trading glossary · structure
hourly chart
A chart where each candle shows one hour of trading.
The fuller meaning
A chart on which each candle covers one hour. It shows more candles and more noise than a daily chart, so shapes appear far more often; this app's library uses 1-hour, 4-hour and daily charts, and multi-timeframe traders often time entries on hourly charts.
hourly chart, also called 1-hour chart.
Related words
above-average volume · bounce · break of structure · breakaway gap · breakdown · breakout · broken level · channel · choppy market · common gap