We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On the weekly timeframe we can see that last week closed extremely bearish with a 200 pip move to the downside. We can expect this week to be balanced before heading further to the downside.
On the weekly timeframe we can see that last week closed extremely bearish with a 200 pip move to the downside. We can expect this week to be balanced before heading further to the downside.