What's Up Traders! I wanted to post this Top Down Analysis and Trade Breakdown.
I am expecting the 1H timeframe to keep pushing down and breach the Daily low. Until then, I will continue to follow the very strong bearish pressure that we've been having. 0.62850 is my target for profit taking.
Let me know what you think!
Hey guys! It's Been a while, I know. I wanted to breakdown CHFJPY and talk a bit about how my trading has changed. I hope this is helpful and informative. If you find value in these kinds of videos please leave a like. Thanks 👍
This is a quick analysis & breakdown of the reasons why I am currently in a Short Position. Looking to go breakeven pretty soon.
Daily is Bullish
1 Hour is Bearish for the retracement/pullback
5 minute is showing a bearish trend
5s Short Entry taken