Yearly: Super bearish Monthly: Just broke the bearish structure Weekly: Also just broke bearish structure
😇 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 ✔️ Entry Time Frame: H4 ✅ Entry TF Structure: Bearish ☑️ Current Move: Sideways ✔ Support Resistance Base: Triangle ☑️ Candles Behavior: Bears appear stronger.
💡 Decision: Sell 🚀 Entry: 0.9261 ✋ 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 🕛 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
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"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"
H1 is creating inverted head n shoulder an evidence to go upside if breaks neckline
Optimum369
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Great analysis! The inverted head and shoulders pattern on the H1 chart indeed signals a potential upward move. It's promising to see your thorough approach, especially considering the H4 timeframe. Understanding multiple timeframes adds depth to your analysis. I respect your diligence, and it'll be interesting to see how the market unfolds. Best of luck with your trades! 📈💹 #TechnicalAnalysis #TradingInsights