A quick Top Down Analysis on the EURUSD
Helo students and traders.
Here is a quick top down analysis on the EURUSD.
By way of summary, we have come to the realisation that this pair is Bearish on the Monthly, Bearish on the Weekly, Bullish on the Daily and 4 hour, while holding a clear bearish perspective on the 1 hour time frame.
Because we believe in trading the smaller timeframe in the direction of the larger timeframe, we will want to hold on to the perspectives of the Weekly and the 1 hour charts, and will be looking to trade this pair bearish.
Find out how we arrived at this perspective...
Here is a quick top down analysis on the EURUSD.
By way of summary, we have come to the realisation that this pair is Bearish on the Monthly, Bearish on the Weekly, Bullish on the Daily and 4 hour, while holding a clear bearish perspective on the 1 hour time frame.
Because we believe in trading the smaller timeframe in the direction of the larger timeframe, we will want to hold on to the perspectives of the Weekly and the 1 hour charts, and will be looking to trade this pair bearish.
Find out how we arrived at this perspective...
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