have bee waiting for this sell following the higher time frame from weekly to daily then stepping down to the lower time to place a trade also knowing that yen is strong fundamentally we could see more break out as time goes on
first i draw my zone from the one hour key value zone then go down to the lower time frame such as the 5 minute to take trade,
TOP DOWN ANALYSIS OF BTC First am taking a look at higher time frame while stepping down to the lower time frame to take my trades
SHORT GBPUSD, taking a look at technical analysis we can see a great strength in usd matching expectation of what we are looking at foundamental
my idea is simply waiting for a pull back to those zone while i look for a short opportunity
am simply making use of a price action using a top down analysis, from the daily time frame down to the lower time frame.
am simply looking foward to sell audjpy, AM not a man of too much explanantion
My analysis is always simple taking a full top down analysis, using ema and trendline showing a full detail of eurusd at a strong support ready to move up
Am going long on usdcad I can see it has a nice touch at our zones with a smooth trend run up nice trade for me this week