Every time frame shows us something different.
A weekly candle can be extremely bullish but on the daily chart, price can look bearish.
So what do you do?
Try utilising top down analysis.
This is when you analyse a pair from the monthly time frame down to the 15 min time frame.
Doing this gives you access to the full picture, it will help you determine the time scale of your position and also the overall bias!
Try it out!
@CryptoTrades #education #candlesticks #timeframes #topdown #signals #cryptotradespremium #winningsignals
A weekly candle can be extremely bullish but on the daily chart, price can look bearish.
So what do you do?
Try utilising top down analysis.
This is when you analyse a pair from the monthly time frame down to the 15 min time frame.
Doing this gives you access to the full picture, it will help you determine the time scale of your position and also the overall bias!
Try it out!
@CryptoTrades #education #candlesticks #timeframes #topdown #signals #cryptotradespremium #winningsignals