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.
Π‘Π΄Π΅Π»ΠΊΠ° Π°ΠΊΡΠΈΠ²Π½Π°
β
"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
β
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! ππΉ #TechnicalAnalysis #TradingInsights