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 had a break below the support level at 1.2600. Once price retests the support now turned into resistance we will look to take short opportunities.
On the H4 timeframe we are still waiting for a retest of the same zone as last week. Once price comes up for the retest we will trigger short opportunities.
On the weekly timeframe we had a break below the support level at 1.2600. Once price retests the support now turned into resistance we will look to take short opportunities.
On the H4 timeframe we are still waiting for a retest of the same zone as last week. Once price comes up for the retest we will trigger short opportunities.