🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: bullish trend also filled corrective wave
2:📆Monthly: after a valid low price goes to a corrective back
formaatting a builduo here in favor of bulls
3:📅Weekly: choch done also make support with proper lower high low
😇7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure indicates a bullish trend; however, it was unable to break the last high, which suggests weakness. Additionally, there was a correction at the last Overbought (OB) point.
2 Pattern Candle Chart: The chart shows a double top pattern and an inside candle pattern breakout.
3 Volume: Bullish momentum was backed by massive volume, but a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The resistance at 60 suggests a range shift from bullish to sideways.
5 Volatility Measure Bollinger Bands: The BB shows a double top pattern.
6 Strength ADX: The strength is unclear.
7 Sentiment ROC: This week, the USD is stronger than the JPY.
✔️ Entry Time Frame: H1
Entry TF Structure: The entry TF structure indicates a bearish trend.
Entry Move: The move is impulsive.
Support Resistance Base: Mid-move resistance.
FIB: The trigger event has been executed.
☑️ Final Comments: Initiate a sell at the opening high.
💡Decision: Sell.
🚀Entry: 1.0898.
✋Stop Loss: 1.094.
🎯Take Profit: 1.0788.
😊Risk-to-Reward Ratio: 1:3.
🕛 Expected Duration: 1 day,
1:✨Eagle eye: bullish trend also filled corrective wave
2:📆Monthly: after a valid low price goes to a corrective back
formaatting a builduo here in favor of bulls
3:📅Weekly: choch done also make support with proper lower high low
😇7 Dimension Analysis
🟢 Analysis Time Frame: Daily
1 Price Structure: The price structure indicates a bullish trend; however, it was unable to break the last high, which suggests weakness. Additionally, there was a correction at the last Overbought (OB) point.
2 Pattern Candle Chart: The chart shows a double top pattern and an inside candle pattern breakout.
3 Volume: Bullish momentum was backed by massive volume, but a correction is expected.
4 Momentum UNCONVENTIONAL Rsi: The resistance at 60 suggests a range shift from bullish to sideways.
5 Volatility Measure Bollinger Bands: The BB shows a double top pattern.
6 Strength ADX: The strength is unclear.
7 Sentiment ROC: This week, the USD is stronger than the JPY.
✔️ Entry Time Frame: H1
Entry TF Structure: The entry TF structure indicates a bearish trend.
Entry Move: The move is impulsive.
Support Resistance Base: Mid-move resistance.
FIB: The trigger event has been executed.
☑️ Final Comments: Initiate a sell at the opening high.
💡Decision: Sell.
🚀Entry: 1.0898.
✋Stop Loss: 1.094.
🎯Take Profit: 1.0788.
😊Risk-to-Reward Ratio: 1:3.
🕛 Expected Duration: 1 day,