You sometimes ask me how I structure my forex technical analysis.
Today I will share 5 simple steps that I go through myself to determine the direction of the price.
So.
Step 1 - start with a large TF to analyze the global price movement and mark major levels.
Step 2 - Go to Week 1 TF to find major trends and recurring items.
Step 3 - I use the daily timeframe to mark strong trend lines, find patterns and determine the approximate entry area.
Step 4 - then I use the 6h 4h and 1 hour timeframes - this helps to clarify the last price movement and pay attention to small trades.
Step 5 - minute TFs to test your hypotheses and find an entry point.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Today I will share 5 simple steps that I go through myself to determine the direction of the price.
So.
Step 1 - start with a large TF to analyze the global price movement and mark major levels.
Step 2 - Go to Week 1 TF to find major trends and recurring items.
Step 3 - I use the daily timeframe to mark strong trend lines, find patterns and determine the approximate entry area.
Step 4 - then I use the 6h 4h and 1 hour timeframes - this helps to clarify the last price movement and pay attention to small trades.
Step 5 - minute TFs to test your hypotheses and find an entry point.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3JIGE2j
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: bit.ly/3JIGE2j
🌎WebSite: lingrid.org
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: bit.ly/3JIGE2j
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: bit.ly/3JIGE2j
🌎WebSite: lingrid.org
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
