Analysis Using Top-Down Approach Daily Timeframe The overall market stucture on the daily timeframe is in an uptrend with higher high and higher low. The price is retracing before it (might) continues…
Month: July 2024
EURUSD Trade Execution on 30 July – Loss
Sold: 1.0817Stop-out: 1.08276Loss: $143.14 Analysis Using Top-Down Approach Daily Timeframe Price is in a bearish order flow. Once the price breaks through the last low indicated with an arrow, enter for a…
AUDUSD Trade Analysis
Analysis Using Top-Down Approach Daily Timeframe The market structure is in an uptrend with higher high. However, the price has retraced to the higher low, which is a strong demand zone. Wait and…
USDJPY Trade Analysis
Analysis Using Top-Down Approach Daily Timeframe The trend is an uptrend. Look to enter for a buy. Update Wait and see where the price is going as it is at the last…
EURUSD Trade Execution on 23 July – Profit
Sold: 1.08590Take profit: 1.08345Profit: $327.84 Analysis Using Top-Down Approach Daily Timeframe The market stucture on the daily timeframe is in an uptrend with higher high and higher low. Marked up the last…
USDJPY Trade Execution on 18 July – Loss
Sold: 156.38Stop-out: 156.52Loss: $120.55 Analysis Using Top-Down Approach Daily Timeframe Price has broke the market structure, potentially turning bearish. Look for a sell. 4 Hours Timeframe Price in the 4 hours timeframe…
USDJPY Trade Execution on 16 July – Loss
Bought: 158.436Stop-out: 158.235Loss: $171.42 Analysis Using Top-Down Approach Daily Timeframe USDJPY is in an uptrend. The price is at a very strong key support level and at the trendline. Update Price is…
EURUSD Trade Execution on 16 July – Loss
Sold: 1.08959Stop-out: 1.09036Loss: $104.02 Analysis Using Top-Down Approach Daily Timeframe The price failed to create a higher high in the daily timeframe. It is at the major strong key supply order block…
USDJPY Trade Execution on 15 July – Loss
Bought: 158.02Stop-out: 157.883Loss: $117.04 Analysis Using Top-Down Approach Daily Timeframe Overall market structure is an uptrend, with higher highs and higher lows. Update Price has come down to the major key level,…
USDJPY Trade Execution on 10 July – Profit
Bought: 161.521Take profit: 161.726Profit: $170.15 Analysis Using Top-Down Approach Daily Timeframe Overall market structure is an uptrend, with higher highs and higher lows. 4 Hours Timeframe The overall trend is bullish in…