π 7 Dimension Analysis
Time Frame: H4
1οΈβ£ Swing Structure: Bullish
π’ Structure Behavior: Break of Structure (BoS)
π’ Swing Move: Impulsive
π’ Inducement: Done
π’ Internal Structure: Also bullish
π’ Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup
π’ Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side
2οΈβ£ Pattern
π’ CHART PATTERNS: Continuation Ascending Triangle
π’ CANDLE PATTERNS: This is a consolidation area; no valid candle pattern is observed. We will check our candle patterns at the breakout or market opening
3οΈβ£ Volume
π’ We need a deep observation of volume on the breakout
π’ less than the previous move
4οΈβ£ Momentum RSI
π’ Zone: Sideways
π’ Range shift: Bullish to sideways
π’ Divergence: A bearish divergence is here, but it's weak
5οΈβ£ Volatility Bollinger Bands
π’ High level of contraction
π’ Various Band Punchers on the upper band, but they don't follow up the signal
6οΈβ£ Strength According to ROC
π’ Values: AUD is 7.01 vs CAD 3.02
7οΈβ£ Sentiment
When we mix up all the parameters, there is a high chance the price can go up during the coming sessions, so we need to seek buy entries during the week
βοΈ Entry Time Frame: H4
β Entry TF Structure: Sideways as internal
βοΈ Current move: Impulsive sideways
β Support resistance base: Fixed range volume POI
βοΈ Candles Behavior: Nothing is clear
π‘ Decision: We need to wait for the price to break the upper level or come downside to our POI area, then we can buy this pair
π Entry: 0.8980
β Stop Loss: 0.8925
π― Take Profit: 0.9150
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
π Risk to Reward Ratio: 3.1
π Expected Duration: 7 days
SUMMARY: The analysis indicates a bullish stance with a well-defined structure and pattern, though the candle patterns are not clear at the moment. The decision suggests waiting for a breakout or a move to the POI area for a buy entry, considering potential internal structure changes and trendline breakouts.
Time Frame: H4
1οΈβ£ Swing Structure: Bullish
π’ Structure Behavior: Break of Structure (BoS)
π’ Swing Move: Impulsive
π’ Inducement: Done
π’ Internal Structure: Also bullish
π’ Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup
π’ Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side
2οΈβ£ Pattern
π’ CHART PATTERNS: Continuation Ascending Triangle
π’ CANDLE PATTERNS: This is a consolidation area; no valid candle pattern is observed. We will check our candle patterns at the breakout or market opening
3οΈβ£ Volume
π’ We need a deep observation of volume on the breakout
π’ less than the previous move
4οΈβ£ Momentum RSI
π’ Zone: Sideways
π’ Range shift: Bullish to sideways
π’ Divergence: A bearish divergence is here, but it's weak
5οΈβ£ Volatility Bollinger Bands
π’ High level of contraction
π’ Various Band Punchers on the upper band, but they don't follow up the signal
6οΈβ£ Strength According to ROC
π’ Values: AUD is 7.01 vs CAD 3.02
7οΈβ£ Sentiment
When we mix up all the parameters, there is a high chance the price can go up during the coming sessions, so we need to seek buy entries during the week
βοΈ Entry Time Frame: H4
β Entry TF Structure: Sideways as internal
βοΈ Current move: Impulsive sideways
β Support resistance base: Fixed range volume POI
βοΈ Candles Behavior: Nothing is clear
π‘ Decision: We need to wait for the price to break the upper level or come downside to our POI area, then we can buy this pair
π Entry: 0.8980
β Stop Loss: 0.8925
π― Take Profit: 0.9150
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
π Risk to Reward Ratio: 3.1
π Expected Duration: 7 days
SUMMARY: The analysis indicates a bullish stance with a well-defined structure and pattern, though the candle patterns are not clear at the moment. The decision suggests waiting for a breakout or a move to the POI area for a buy entry, considering potential internal structure changes and trendline breakouts.
Comment:
Fully intact with our analysis, we can maintain our current position.
Comment:
"We continue to maintain our position in this trade