π TOPDOWN Analysis
Yearly: Super bearish
Monthly: Just broke the bearish structure
Weekly: Also just broke bearish structure
π 7 Dimension Analysis
Time Frame: H4
1οΈβ£ Swing Structure: Bearish
π’ Structure Behavior: Break of Structure (BoS)
π’ Swing Move: Impulsive move is fully intact
π’ Inducement: Not done yet, but a bearish buildup suggests more bearish momentum may occur.
π’ Internal Structure: Totally sideways
π’ Decisional and Ext OB: Both unmitigated.
π’ Support Breakout: Awaiting; at CIP, a re-entry opportunity may arise. Buildup and prebreak qualities indicate strong bearish momentum.
π’ Traps: fakeout at the bottom support; in this situation, a rebreakout is expected for continuation.
π’ Time Frame Confluence: H4
2οΈβ£ Pattern
π’ CHART PATTERNS: Continuation - Fall and Base, Symmetric triangle at the base.
π’ CANDLE PATTERNS: In a sideways market, candlestick patterns might gain importance at the support or triangle breakout.
3οΈβ£ Volume
π’ Fixed Range: Very high volume structure breakout.
4οΈβ£ Momentum RSI
π’ Zone: Currently in a bearish to correction zone, technically indicating a bearish trend.
π’ Divergence: Hidden bearish at the last two internal swings.
π’ Grandfather Father Son Entries: A 7-star setup is present for bearish.
5οΈβ£ Volatility Bollinger Bands
π’ Full Tight Contraction: Squeeze breakout awaited.
π’ Walking on the Band: Highly expected.
6οΈβ£ Strength According to ROC
π’ Values: EUR 2.72 vs CHF 6.55
7οΈβ£ Sentiment
βοΈ Entry Time Frame: H4
β Entry TF Structure: Bearish
βοΈ Current Move: Sideways
β Support Resistance Base: Triangle
βοΈ Candles Behavior: Bears appear stronger.
π‘ Decision: Sell
π Entry: 0.9261
β Stop Loss: 0.9366
π― Take Profit: 0.91060, 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 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.
Yearly: Super bearish
Monthly: Just broke the bearish structure
Weekly: Also just broke bearish structure
π 7 Dimension Analysis
Time Frame: H4
1οΈβ£ Swing Structure: Bearish
π’ Structure Behavior: Break of Structure (BoS)
π’ Swing Move: Impulsive move is fully intact
π’ Inducement: Not done yet, but a bearish buildup suggests more bearish momentum may occur.
π’ Internal Structure: Totally sideways
π’ Decisional and Ext OB: Both unmitigated.
π’ Support Breakout: Awaiting; at CIP, a re-entry opportunity may arise. Buildup and prebreak qualities indicate strong bearish momentum.
π’ Traps: fakeout at the bottom support; in this situation, a rebreakout is expected for continuation.
π’ Time Frame Confluence: H4
2οΈβ£ Pattern
π’ CHART PATTERNS: Continuation - Fall and Base, Symmetric triangle at the base.
π’ CANDLE PATTERNS: In a sideways market, candlestick patterns might gain importance at the support or triangle breakout.
3οΈβ£ Volume
π’ Fixed Range: Very high volume structure breakout.
4οΈβ£ Momentum RSI
π’ Zone: Currently in a bearish to correction zone, technically indicating a bearish trend.
π’ Divergence: Hidden bearish at the last two internal swings.
π’ Grandfather Father Son Entries: A 7-star setup is present for bearish.
5οΈβ£ Volatility Bollinger Bands
π’ Full Tight Contraction: Squeeze breakout awaited.
π’ Walking on the Band: Highly expected.
6οΈβ£ Strength According to ROC
π’ Values: EUR 2.72 vs CHF 6.55
7οΈβ£ Sentiment
βοΈ Entry Time Frame: H4
β Entry TF Structure: Bearish
βοΈ Current Move: Sideways
β Support Resistance Base: Triangle
βοΈ Candles Behavior: Bears appear stronger.
π‘ Decision: Sell
π Entry: 0.9261
β Stop Loss: 0.9366
π― Take Profit: 0.91060, 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 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"