🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: After examining all available data, it is clear that the US dollar has consistently weakened against the CHF over the past 50 years. This trend is expected to continue, with the CHF remaining strong against the dollar.
2:📆Monthly: A bearish trend has been established since 2017, with a confirmed market structure exhibiting a higher low in 2019 and another high low in 2022. This provides a clear indication of the market's bearish stance.
3:📅Weekly: Current analysis shows a discernable shift in market behavior, with pricing fluctuating within a specific range over the past 10 to 12 weeks. This trend is indicative of broader market pressures, warranting a thorough assessment of our position in light of market activities.
4:🕛Daily: The market structure appears to be sideways, requiring confirmation through breakout.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: The market is currently exhibiting a sideways pattern, which will confirm upon breakout.
6: 2 Pattern Candle Chart: A double bottom pattern may indicate weak support at this level.
7: 3 Volume: Current volume levels do not support the bearish trend. However, the anomaly warrants caution and a significant increase in volume during a breakout, as low volume breakouts may be avoided
8: 4 Momentum UNCONVENTIONAL Rsi: The RSI is currently sideways. between 60 to 40 area
9: 5 Volatility measure Bollinger bands: NO Activity
10: 6 Strength ADX: ADX indicates a bearish market trend.
11: 7 Sentiment ROC: ROC reveals that the USD is weaker than the CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: The market structure is bearish.
13: entry move: An impulsive move is expected upon entry.
14: Support resistance base:Mid-of the move is expected to provide resistance.
15: FIB: Fibonacci retracement analysis may provide additional insight. trigger event awaited
☑️ final comments: It is advisable to wait for a further market confirmation before making a decision. support breakout
16: 💡decision: wait and sell
17: 🚀Entry: 0.9117
18: ✋Stop losel: 0.9179
19: 🎯Take profit: 0.8904
20: 😊Risk to reward Ratio: 1:4
🕛 Excepted Duration: 5 day
1:✨Eagle eye: After examining all available data, it is clear that the US dollar has consistently weakened against the CHF over the past 50 years. This trend is expected to continue, with the CHF remaining strong against the dollar.
2:📆Monthly: A bearish trend has been established since 2017, with a confirmed market structure exhibiting a higher low in 2019 and another high low in 2022. This provides a clear indication of the market's bearish stance.
3:📅Weekly: Current analysis shows a discernable shift in market behavior, with pricing fluctuating within a specific range over the past 10 to 12 weeks. This trend is indicative of broader market pressures, warranting a thorough assessment of our position in light of market activities.
4:🕛Daily: The market structure appears to be sideways, requiring confirmation through breakout.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: The market is currently exhibiting a sideways pattern, which will confirm upon breakout.
6: 2 Pattern Candle Chart: A double bottom pattern may indicate weak support at this level.
7: 3 Volume: Current volume levels do not support the bearish trend. However, the anomaly warrants caution and a significant increase in volume during a breakout, as low volume breakouts may be avoided
8: 4 Momentum UNCONVENTIONAL Rsi: The RSI is currently sideways. between 60 to 40 area
9: 5 Volatility measure Bollinger bands: NO Activity
10: 6 Strength ADX: ADX indicates a bearish market trend.
11: 7 Sentiment ROC: ROC reveals that the USD is weaker than the CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: The market structure is bearish.
13: entry move: An impulsive move is expected upon entry.
14: Support resistance base:Mid-of the move is expected to provide resistance.
15: FIB: Fibonacci retracement analysis may provide additional insight. trigger event awaited
☑️ final comments: It is advisable to wait for a further market confirmation before making a decision. support breakout
16: 💡decision: wait and sell
17: 🚀Entry: 0.9117
18: ✋Stop losel: 0.9179
19: 🎯Take profit: 0.8904
20: 😊Risk to reward Ratio: 1:4
🕛 Excepted Duration: 5 day