Optimum369

7 Dimensions Bearish Analysis for EURCHF

Short
Optimum369 Updated   
FX:EURCHF   Euro / Swiss Franc
πŸ•› TOPDOWN Analysis

Yearly: Super bearish
Monthly: Just broke the bearish structure
Weekly: Also just broke bearish structure

πŸ˜‡ 7 Dimension Analysis
Time Frame: H4

1️⃣ Swing Structure: Bearish
🟒 Structure Behavior: Break of Structure (BoS)
🟒 Swing Move: Impulsive move is fully intact
🟒 Inducement: Not done yet, but a bearish buildup suggests more bearish momentum may occur.
🟒 Internal Structure: Totally sideways
🟒 Decisional and Ext OB: Both unmitigated.
🟒 Support Breakout: Awaiting; at CIP, a re-entry opportunity may arise. Buildup and prebreak qualities indicate strong bearish momentum.
🟒 Traps: fakeout at the bottom support; in this situation, a rebreakout is expected for continuation.
🟒 Time Frame Confluence: H4

2️⃣ Pattern
🟒 CHART PATTERNS: Continuation - Fall and Base, Symmetric triangle at the base.
🟒 CANDLE PATTERNS: In a sideways market, candlestick patterns might gain importance at the support or triangle breakout.

3️⃣ Volume
🟒 Fixed Range: Very high volume structure breakout.

4️⃣ Momentum RSI
🟒 Zone: Currently in a bearish to correction zone, technically indicating a bearish trend.
🟒 Divergence: Hidden bearish at the last two internal swings.
🟒 Grandfather Father Son Entries: A 7-star setup is present for bearish.

5️⃣ Volatility Bollinger Bands
🟒 Full Tight Contraction: Squeeze breakout awaited.
🟒 Walking on the Band: Highly expected.

6️⃣ Strength According to ROC
🟒 Values: EUR 2.72 vs CHF 6.55

7️⃣ Sentiment
βœ”οΈ Entry Time Frame: H4
βœ… Entry TF Structure: Bearish
β˜‘οΈ Current Move: Sideways
βœ” Support Resistance Base: Triangle
β˜‘οΈ Candles Behavior: Bears appear stronger.

πŸ’‘ Decision: Sell
πŸš€ Entry: 0.9261
βœ‹ Stop Loss: 0.9366
🎯 Take Profit: 0.91060, 2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 3
πŸ•› Expected Duration: 15 days

SUMMARY: The market is exhibiting a bearish bias, with a clear breakdown of yearly, monthly, and weekly structures. The H4 timeframe reveals a robust bearish setup, awaiting confirmation of a support breakout for potential sell entries. Various indicators, including volume and momentum, support the bearish sentiment. The analysis recommends selling with a defined risk-to-reward ratio and a 15-day expected duration.
Trade active:
"Following a brief liquidity sweep and a bearish trend line breakout, our entry has been activated. We've adjusted the stop-loss area slightly, maintaining the same target. This refinement has enhanced our risk-to-reward ratio, aligning with a more favorable position. #ProfessionalTrading"

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