During my Top-Down-Analysis which means for me that I am starting on the , I thought this kind of process would be quite interesting to share.
1st: I identified the broken structure to the downside
2nd: I anticipated the outside return into previous strc. resistance, which completed last night during the asia session.
3rd: Now I am expecting further decline .
With this overall plan I move down to lower timeframes to get involved in potential shorting opportunities.
-Have a great week of trading. -Felix