Forex Top Down Analysis. First, price may not be making higher highs and higher lows while still in an uptrend. Top-Down analysis is the trading approach where you start your analysis from the larger time frames "top" then focus "down" into the shorter time frames.
Your Forex analysis will be lacking a very important piece of the puzzle, multiple timeframe trading analysis. At this stage there is no significant price action bias. Scribd is the world's largest social reading and publishing site.
Adopting the Top Down Analysis (TDA) in Forex trading was one of the best things I have learned in my early trading career.
This is better as it helps to keep emotions in check.
Look for levels that are close by, draw support/resistance , look for impulsive supply/demand and identify trade trigger entries. The second option mentioned is referred to as the top-down investing approach to the market. Thanks for sharing and good trading!