In this video I show you how to perform a Daily --> 4H --> 2H top-down analysis, mark up a chart and come up with a trading scenario.
Do not make it too complicated. Look for levels that are close by, draw support/resistance, look for impulsive supply/demand and identify trade trigger entries.
You say not trade in this area , it is neutral - so you trade only breakouts ?
Is not that too late for an entry, not to enter inside the area before the move starts ?
Thank you
Tradeciety
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@Pirate_Hook, If you want to catch potentially large trends, then breakouts are the way to go.
During ranges, you only fight for a few points here and there and the price action is unpredictable and volatile.
Is not that too late for an entry, not to enter inside the area before the move starts ?
Thank you