🔆 MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW ☀️
✨ Eagle Eye: Looking at the 50-year historical trend, we observe a continuously low and extremely bearish pattern.
📆 Monthly: Price has recently tapped the monthly FVG and has started a new bearish move.
📅 Weekly: The weekly internal structure BOS suggests another strong bearish impulsive move.
🕛 Daily: A clean bearish formation has formed, and we need to seek short sell entries to participate in a long bearish run.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: Bearish
2 Pattern Candle Chart: Double top with internal BOS
3 Volume: The volume behavior is unusual. We need to wait for the breakout to confirm the market sentiment.
4 Momentum UNCONVENTIONAL RSI: Sideways momentum is observed at this point.
5 Volatility measure Bollinger bands: Double top formation is evident.
6 Strength ADX: The bearish DMI is currently in strength.
7 Sentiment ROC: CHF is stronger than EUR currently.
✔️ Entry Time Frame: H4
12. Entry TF Structure: Bearish
Entry Move: Impulsive
Support Resistance Base: Support breakout is necessary for entry.
FIB: Support breakout is required.
☑️ Final Comments: We should sell at the breakout. Once the price gives a closing signal below the support level, we can enter a short sell position.
16. 💡Decision: Sell
🚀 Entry: 0.9845
✋ Stop Loss: 0.9892
🎯 Take Profit: 0.9760
😊 Risk to Reward Ratio: 1:2
🕛 Expected Duration: 5 days
✨ Eagle Eye: Looking at the 50-year historical trend, we observe a continuously low and extremely bearish pattern.
📆 Monthly: Price has recently tapped the monthly FVG and has started a new bearish move.
📅 Weekly: The weekly internal structure BOS suggests another strong bearish impulsive move.
🕛 Daily: A clean bearish formation has formed, and we need to seek short sell entries to participate in a long bearish run.
😇 7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: Bearish
2 Pattern Candle Chart: Double top with internal BOS
3 Volume: The volume behavior is unusual. We need to wait for the breakout to confirm the market sentiment.
4 Momentum UNCONVENTIONAL RSI: Sideways momentum is observed at this point.
5 Volatility measure Bollinger bands: Double top formation is evident.
6 Strength ADX: The bearish DMI is currently in strength.
7 Sentiment ROC: CHF is stronger than EUR currently.
✔️ Entry Time Frame: H4
12. Entry TF Structure: Bearish
Entry Move: Impulsive
Support Resistance Base: Support breakout is necessary for entry.
FIB: Support breakout is required.
☑️ Final Comments: We should sell at the breakout. Once the price gives a closing signal below the support level, we can enter a short sell position.
16. 💡Decision: Sell
🚀 Entry: 0.9845
✋ Stop Loss: 0.9892
🎯 Take Profit: 0.9760
😊 Risk to Reward Ratio: 1:2
🕛 Expected Duration: 5 days