Four-hour chart analysis in forex involves examining price movements and market trends on a chart where each candlestick or bar represents four hours of market activity. This intermediate timeframe strikes a balance between the short-term volatility seen in lower timeframes and the longer-term trends observed in daily or weekly charts.

Traders use four-hour charts to identify key support and resistance levels, trend directions, and potential reversal or continuation patterns. This timeframe is particularly popular among swing traders, who aim to capture price moves over several days to a few weeks. It allows for a more detailed view than the daily chart, providing opportunities to fine-tune entry and exit points while avoiding some of the noise associated with shorter timeframes like the 1-hour or 15-minute charts.

Technical indicators commonly used in four-hour chart analysis include moving averages, Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Fibonacci retracement levels. These tools help traders confirm trends and generate signals for potential trades.

Overall, the four-hour chart offers a comprehensive perspective that helps traders make informed decisions, balancing the need for timely market insights with the necessity to avoid excessive trading frequency and noise.