Update 19/07/2022
1 Structure 1+2 : bearish
2 imbalances : 50% filled
3 Current Move 1+2: impulse
4 Entry TF : D1
4.1 ETF Structure: bearish
4.2 move : Correction
5 Support Resistance: CIP at 1.363
6 FIB: 50 resistance target filled
7 candle Pattern: White shoulders
8 Chart Pattern: Flow And Base
9 Volume : High to low But too much low in correction
10 Momentum: bearish To Sideways
11 Volatility : Possible resistance at middle band
12 strength: Shows Curve but bears are in strength yet
13 Sentiment : 2nd weakest currency against dollar in majors
14 Final conclusion: Because Usd is So strong this Time Now we need to switch Our Time Frame Daily to 4 hour just Waiting for can candle stick reversal Pattern and confirmation if we use h4 time right this level we able to catch early entry and best risk to reward ratio
in 4 hour tf Head fake or key reversal possible so just with one candle confirmation we can enter
15 Buy /Sell/Wait : wait till next candle
16 Entry:1.0.222
17 Sl: 1.0286
18 Tp: 0.9763
19 Risk to reward Ratio: 1:10
Excepted Duration : 15
1 Structure 1+2 : bearish
2 imbalances : 50% filled
3 Current Move 1+2: impulse
4 Entry TF : D1
4.1 ETF Structure: bearish
4.2 move : Correction
5 Support Resistance: CIP at 1.363
6 FIB: 50 resistance target filled
7 candle Pattern: White shoulders
8 Chart Pattern: Flow And Base
9 Volume : High to low But too much low in correction
10 Momentum: bearish To Sideways
11 Volatility : Possible resistance at middle band
12 strength: Shows Curve but bears are in strength yet
13 Sentiment : 2nd weakest currency against dollar in majors
14 Final conclusion: Because Usd is So strong this Time Now we need to switch Our Time Frame Daily to 4 hour just Waiting for can candle stick reversal Pattern and confirmation if we use h4 time right this level we able to catch early entry and best risk to reward ratio
in 4 hour tf Head fake or key reversal possible so just with one candle confirmation we can enter
15 Buy /Sell/Wait : wait till next candle
16 Entry:1.0.222
17 Sl: 1.0286
18 Tp: 0.9763
19 Risk to reward Ratio: 1:10
Excepted Duration : 15