Bearish
Price will drop below 20k.
1. Utilize Multi-Time Frame analysis and point of view: Top Down Approach
2. Identify impulse phase and correction phase
3. Identify whether the correction is continuation or reversal
4. Higher time frame = Bias
5. Lower time frame = Confirmation and etry
Higher Time Frame:
(Daily/Weekly Chart)
- Multi-Time Frame Analysis, Top Down Approach
- Identify the Impulse or Correction Phases of the market condition
- Gives You Possible Direction and Bias
Lower Time Frame:
(2/1HR, 30/15Min Chart)
- Identify the Impulse or Correction Phases
- Gives You Possible Confirmation and Entry
- Forecast What You Want To See in the Market
- Once Price Developed and Confirmed, then Set your entry orders
1. Utilize Multi-Time Frame analysis and point of view: Top Down Approach
2. Identify impulse phase and correction phase
3. Identify whether the correction is continuation or reversal
4. Higher time frame = Bias
5. Lower time frame = Confirmation and etry
Higher Time Frame:
(Daily/Weekly Chart)
- Multi-Time Frame Analysis, Top Down Approach
- Identify the Impulse or Correction Phases of the market condition
- Gives You Possible Direction and Bias
Lower Time Frame:
(2/1HR, 30/15Min Chart)
- Identify the Impulse or Correction Phases
- Gives You Possible Confirmation and Entry
- Forecast What You Want To See in the Market
- Once Price Developed and Confirmed, then Set your entry orders
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.