Increasing the detail of the chart of the same currency pair to an intermediate timeframe gives us the opportunity to see smaller movements within the visible boundaries of the overall trend. This is the most versatile of the three timeframes, since it displays the market sentiment of both longer and shorter timeframes. As we said above, for medium-term trading, it is necessary to choose an adequate timeframe, rather than tracking the entire time range. In fact, this timeframe should be used most often when planning to open a position, as well as when the price is approaching the take profit level or the stop loss level at the time of an open position.