7 Dimension Analysis For AUDNZD
TOPDOWN Analysis**
Week
7 Dimension Analysis
Time Frame: H1
1: Swing Structure: Bullish**
🟢 Structure Behavior: BoS
🟢 Swing Move: Corrective move seems to start so that why we'll wait impulsive move ↪️
🟢 Inducement Awaited (will update once done) ⛔
🟢 Pull Back: 1st pull back after the BOS so this consider a powerful pullback and deep one ☑️
🟢 All the discounted zone Obs are unmitigated yet ⬜
🟢 Support CIP line also there below the Alpha OB 🟦
Traps: False Breakout, right at CIP line make this level more attractive level for buyers
🟢 CHART PATTERNS
For now we just need to wait price reaches the high POI level then we will consider Chart patterns from here and also seek bullish patterns here
🟢 CANDLE PATTERNS
Record Session count, Shrinking long wick end, Change in guard engulf Not Applicable Yet
Long wick
Doji:
Momentum candle:
♠️ Kicker Sash, Separating line
Tweezer:
Inside: Narrow Range 4, 7, Harami
Tower top / Bottom Climax players, Sideways
It's better to wait when price comes to our desired areas at this level we will see only buy candlestick patterns from abpve
3: Volume
🟢 Fixed Range best volume at 1.0937 is
4: Momentum RSI
🟢 Zone is super bullish zone
🟢 Loud moves loud move observed at this level so after correction we see a stronge buy when RSI touch the 40 point ↗️
🟢 Grandfather father son entries base on weekly perfect position now
5: Volatility Bollinger Bands
🟢 Expansion is full now wait for extraction now ➡️
**6: Strength According to ROC Aud is 2nd strongest for this week **
7: Sentiment bullish 🟢
✔️ Entry Time Frame: h1
✅ Entry TF Structure: bullish ⬆️
☑️ Current move: corrective ↪️
☑️ FIB Trigger event Excepted ABC pattern
☑️ Trend line breakout will check once price reached at POI
Decision: buy
🟢Entry: 1.0937**
✋ Stop loss: 1.0918
Take profit: 1.1081
Risk to reward Ratio: 5.45
Expected Duration: 5 days
Summary:
Based on the H1 timeframe analysis, a potential buying opportunity exists with a bullish bias. The current corrective move might lead to a strong buy signal when the RSI reaches 40. However, waiting for confirmation at the Point of Interest (POI) and confirmation from bullish candlestick patterns is recommended before entering a trade. Remember, this analysis should not be considered financial advice.
Week
7 Dimension Analysis
Time Frame: H1
1: Swing Structure: Bullish**
🟢 Structure Behavior: BoS
🟢 Swing Move: Corrective move seems to start so that why we'll wait impulsive move ↪️
🟢 Inducement Awaited (will update once done) ⛔
🟢 Pull Back: 1st pull back after the BOS so this consider a powerful pullback and deep one ☑️
🟢 All the discounted zone Obs are unmitigated yet ⬜
🟢 Support CIP line also there below the Alpha OB 🟦
Traps: False Breakout, right at CIP line make this level more attractive level for buyers
🟢 CHART PATTERNS
For now we just need to wait price reaches the high POI level then we will consider Chart patterns from here and also seek bullish patterns here
🟢 CANDLE PATTERNS
Record Session count, Shrinking long wick end, Change in guard engulf Not Applicable Yet
Long wick
Doji:
Momentum candle:
♠️ Kicker Sash, Separating line
Tweezer:
Inside: Narrow Range 4, 7, Harami
Tower top / Bottom Climax players, Sideways
It's better to wait when price comes to our desired areas at this level we will see only buy candlestick patterns from abpve
3: Volume
🟢 Fixed Range best volume at 1.0937 is
4: Momentum RSI
🟢 Zone is super bullish zone
🟢 Loud moves loud move observed at this level so after correction we see a stronge buy when RSI touch the 40 point ↗️
🟢 Grandfather father son entries base on weekly perfect position now
5: Volatility Bollinger Bands
🟢 Expansion is full now wait for extraction now ➡️
**6: Strength According to ROC Aud is 2nd strongest for this week **
7: Sentiment bullish 🟢
✔️ Entry Time Frame: h1
✅ Entry TF Structure: bullish ⬆️
☑️ Current move: corrective ↪️
☑️ FIB Trigger event Excepted ABC pattern
☑️ Trend line breakout will check once price reached at POI
Decision: buy
🟢Entry: 1.0937**
✋ Stop loss: 1.0918
Take profit: 1.1081
Risk to reward Ratio: 5.45
Expected Duration: 5 days
Summary:
Based on the H1 timeframe analysis, a potential buying opportunity exists with a bullish bias. The current corrective move might lead to a strong buy signal when the RSI reaches 40. However, waiting for confirmation at the Point of Interest (POI) and confirmation from bullish candlestick patterns is recommended before entering a trade. Remember, this analysis should not be considered financial advice.