π 7 Dimension Analysis
Time Frame: H4, D1
1οΈβ£ Swing Structure: Bearish on both time frames
π’ Structure Behavior: Break of Structure (BoS)
π’ Swing Move: Corrective, indicating a nearly completed sideways move
π’ Inducement: Liquidity sweep with a long wick candle
π’ Decisional OB: Mitigated, resistance at CIP with a strong buildup post-breakout, indicating bearish strength in the area
π’ Traps: Shakeout completed in this area (Arrows)
π’ Time Frame Confluence: Daily and H4
2οΈβ£ Pattern
π’ CHART PATTERNS: Reversal with a triple top observed during this phase, forming a Consolidation Rectangle
π’ CANDLE PATTERNS: Notable long wick, Open low/high pattern awaiting confirmation, and an already formed Tower Top
3οΈβ£ Volume
π’ Fixed Range: Sell volume predominant in this area
π’ Low Volume on Breakout: High volume in the purple rectangle area, but without updating Upside move. Expecting a sharp downward move.
4οΈβ£ Momentum RSI
π’ Zone: Price in a wide bearish range
π’ Range Shift: Bearish to sideways shift observed
π’ Grandfather Father Son: A 6-star selling setup according to this RSI strategy, with an 80% probability
5οΈβ£ Volatility Bollinger Bands
π’ Middle Band: No confirmation yet
π’ Contraction: After an expansion move, the market is now in full contraction mode, making outside-of-the-band closing crucial
π’ Squeeze Breakout: Anticipated
π’ Walking on the Band: Awaiting
π’ Headfake: Two observed
π’ Band Puncher: Three times observed
(For those seeking to learn these concepts in a professional manner, feel free to send me a direct message.)
6οΈβ£ Strength According to ROC
π’ Values: CHF 7.19 vs. USD -3.46
7οΈβ£ Sentiment
βοΈ FIB Trigger Event: Done
βοΈ Trend Line Breakout: Awaiting
π‘ Decision: Sell
π Entry: 0.8474
β Stop Loss: 0.8590
π― Take Profit: 0.8133
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
π Risk to Reward Ratio: 3
π Expected Duration: 15 days
SUMMARY:
The analysis points toward a bearish sentiment, advocating for a sell decision. The entry is set at 0.8474, with a stop loss at 0.8590, take profit at 0.8133, and a risk-to-reward ratio of 3, expecting completion in approximately 15 days.
Time Frame: H4, D1
1οΈβ£ Swing Structure: Bearish on both time frames
π’ Structure Behavior: Break of Structure (BoS)
π’ Swing Move: Corrective, indicating a nearly completed sideways move
π’ Inducement: Liquidity sweep with a long wick candle
π’ Decisional OB: Mitigated, resistance at CIP with a strong buildup post-breakout, indicating bearish strength in the area
π’ Traps: Shakeout completed in this area (Arrows)
π’ Time Frame Confluence: Daily and H4
2οΈβ£ Pattern
π’ CHART PATTERNS: Reversal with a triple top observed during this phase, forming a Consolidation Rectangle
π’ CANDLE PATTERNS: Notable long wick, Open low/high pattern awaiting confirmation, and an already formed Tower Top
3οΈβ£ Volume
π’ Fixed Range: Sell volume predominant in this area
π’ Low Volume on Breakout: High volume in the purple rectangle area, but without updating Upside move. Expecting a sharp downward move.
4οΈβ£ Momentum RSI
π’ Zone: Price in a wide bearish range
π’ Range Shift: Bearish to sideways shift observed
π’ Grandfather Father Son: A 6-star selling setup according to this RSI strategy, with an 80% probability
5οΈβ£ Volatility Bollinger Bands
π’ Middle Band: No confirmation yet
π’ Contraction: After an expansion move, the market is now in full contraction mode, making outside-of-the-band closing crucial
π’ Squeeze Breakout: Anticipated
π’ Walking on the Band: Awaiting
π’ Headfake: Two observed
π’ Band Puncher: Three times observed
(For those seeking to learn these concepts in a professional manner, feel free to send me a direct message.)
6οΈβ£ Strength According to ROC
π’ Values: CHF 7.19 vs. USD -3.46
7οΈβ£ Sentiment
βοΈ FIB Trigger Event: Done
βοΈ Trend Line Breakout: Awaiting
π‘ Decision: Sell
π Entry: 0.8474
β Stop Loss: 0.8590
π― Take Profit: 0.8133
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
π Risk to Reward Ratio: 3
π Expected Duration: 15 days
SUMMARY:
The analysis points toward a bearish sentiment, advocating for a sell decision. The entry is set at 0.8474, with a stop loss at 0.8590, take profit at 0.8133, and a risk-to-reward ratio of 3, expecting completion in approximately 15 days.