✨ Eagle Eye: On the yearly chart, the price has been consolidating within a range since 2008. After a 3-year bullish momentum, the price is currently forming a yearly inside bar. This indicates a potential trend reversal and demands close attention.
📆 Monthly: Following a valid change of character, the price has mitigated the monthly FVG with a significant liquidity sweep, as demonstrated by the monthly hammer. As a result, expectations are bullish for the upcoming monthly sessions.
📅 Weekly: The FVG has already been mitigated, and over the last two weeks, the price has shown strong reversal signs, indicating a potential trend shift.
🕛 Daily: After forming a daily high, the price has filled our FVG and formed a narrow range and inside bar. We can anticipate a buy entry at the initial breakout.
😇 7 DIMENSION ANALYSIS 🟢 Analysis Time Frame: Daily
1 Price Structure: The bearish momentum has been halted. 2 Pattern Candle Chart: The price has formed a double bottom, inside bar, and narrow range pattern, which indicates a potential reversal. 3 Volume: No significant volume has been observed during the correction, which favors the bulls. 4 Momentum UNCONVENTIONAL Rsi: The RSI has shifted from bearish to sideways, indicating a potential trend change. 5 Volatility Measure Bollinger Bands: The middle band is providing support, indicating potential bullish momentum. 6 Strength ADX: The ADX indicates that the price is currently in a sideways trend, and further confirmation is required. 7 Sentiment ROC: The CAD is stronger than the JPY this week, indicating a potential bullish momentum. ✔️ Entry Time Frame: H4 12. Entry TF Structure: Bullish engulfing pattern.
Entry Move: Impulsive. Support Resistance Base: CIP support level. FIB: Trigger event has already occurred, and a trend line breakout has been confirmed. ☑️ Final Comments: Buy at the open low. 16. 💡 Decision: Buy.