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General TradingD

Daily Chart

A daily chart is a type of financial chart where each data point, candlestick, or bar represents one full trading day of price action. It is one of the most commonly used timeframes by swing traders and position traders for analyzing medium-term trends and key support/resistance levels.

Example

“The daily chart revealed a clear ascending triangle forming over the past two weeks, signaling a potential breakout that swing traders were watching closely.”