Optimum369

7 Dimension Analysis for AUDCHF

Penjualan
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FX:AUDCHF   Dollar Australia / Franc Swiss
πŸ•› TOPDOWN

Yearly: A robust and enduring bearish trend has persisted in this pair for the last 50 years.
Monthly: The monthly trend aligns with the bearish sentiment, displaying some inside moves.
Weekly: The market exhibits a strong bearish structure, currently within a descending triangle.
πŸ˜‡ 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bearish
🟒 Structure Behavior: Break of Structure (BoS)
🟒 Swing Move: Impulsive
🟒 Inducement: Completed
🟒 Impulsive Move: Initiated, indicating the opportune time to enter the market.
🟒 Support Breakout: A significant break of the long support level, accompanied by a major supply and distribution area. Support breakout; the CIP now acts as resistance.
🟒 Traps: Observations of fakeouts at the top and shakeouts.
🟒 Time Frame Confluence: 4H, Daily, Weekly, Monthly

2️⃣ Pattern
🟒 CHART PATTERNS: Reversal patterns like Double Top, a bearish breakout from a Consolidation Rectangle, and continuation patterns like Shakeout Continuation.
🟒 CANDLE PATTERNS: Waiting for market open to observe specific candlestick patterns such as Gaps (Novice, Pro, Window), Kicker Sash, Separating Line, Hero, Piercing/Dark Cloud, and Open Low/High.

3️⃣ Volume
🟒 Fixed Range: Bearish volume dominating throughout the consolidation.
🟒 Massive Volume: Significant volume observed at the breakout level.

4️⃣ Momentum RSI
🟒 Zone: Entered the super bearish zone.
🟒 Range Shift: Confirmed a shift into the super bearish zone.
🟒 Loud Moves: Previous bearish entries initiated with loud moves.
🟒 Grandfather Father Son Entries: A 5-star bearish entry.

5️⃣ Volatility Bollinger Bands
🟒 Middle Band: Acting as resistance.
🟒 Contraction: Beginning, with a W pattern observed, though the overall trend suggests potential ignoring.
🟒 Dual Band Derivation: Supported.
🟒 Band Puncher: Indicating price consolidation in this area.

6️⃣ Strength According to ROC
🟒 Values: CHF stronger than AUD (6.55 vs. 1.14).

7️⃣ Sentiment
If we combine and analyze all these parameters, it's evident that the pair is in a super bearish trend. Hence, the strategy is to wait for corrections and then seek selling positions.

βœ”οΈ Entry Time Frame: H4
βœ… Entry TF Structure: Short
β˜‘οΈ Current Move: Impulsive
βœ” Support Already Broke
β˜‘οΈ Candles Behavior: Favoring sellers

πŸ’‘ Decision: Aggressively sell
πŸš€ Entry: 0.5690
βœ‹ Stop Loss: 0.5801
🎯 Take Profit: 0.5356
2nd Exit if Internal Structure changes, also Exit 3rd Trendline Breakout, FOMO
😊 Risk to Reward Ratio: 3
πŸ•› Expected Duration: 60 days

SUMMARY:
The comprehensive analysis indicates a super bearish trend. The strategy is to aggressively sell, considering the confirmed break of structure, significant supply, and distribution areas. The risk-to-reward ratio is set at 3, anticipating a 60-day duration for the trade.
Komentar:
Our analysis aligns seamlessly with the current price. No need for adjustments; we'll calmly hold our position until we reach the target. Staying true to our analysis as long as the trend favors us. πŸ“ˆβœ¨ #SteadyTrading"

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