How to Use Top-Down Analysis (Step By Step)

If you can master top-down analysis like the way I'm going to share with you in this video today, you will have the keys to become profitable. Literally, all you need is one candle and three time frames. What I'm about to share with you is so simple it hurts my [music] head. In today's video, I'm going to break

down step by step the three trades [music] that I took following this one candle. Every single one of these trades was taken live with my inner circle students, and I'm going to prove it to you. And then my my takeprofit level was 1 to5 and I think I ended up getting taken out of like 4.8. I also made

$25,000 on this day. Let's just jump straight into it. You can see here three trades that have been taken. One winner, one loser, and another winner. And I'm going to break down every single one of those trades, but most importantly, I'm going to break down the top-down approach that I took to take these

trades in the first place. And that all starts with this thing right here. So, let's go back to before these trades are taken. The key here and the key to all of this is this candle right here. This candle is the current daily candle in motion. And when price moves, this candle moves with it. And so, my job,

right, as a top- down analyst, if you want to be a successful top down analyst, you just need to understand the character of this one candle. And the way you first do that is basically understanding what the last few of those daily candles has actually produced. So I'm going to go to the daily time frame

here. I'm actually going to go back before this daily candle has printed. Now what do you see? Right? And yes, it is literally this simple. We have 1 2 3 four bearish days on Euro dollar, right? We have 4 days of bearish price action. Now the likelihood is is that we are going to get a bearish continuation the