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If PnF charts rely solely on price movements and not time intervals, why are there daily, weekly and monthly options in the chart attributes section of the PnF chart?
Maybe I’m answering my own question, but are the different PnF timeframes just a reflection of the candlestick chart of the same timeframes? If so, how is that better/different?
It seems that different timeframes produce different signals, but are there benefits to using one timeframe over another, other than a longer timeframe signal is usually more reliable?
Insights greatly appreciated!