🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Strong Down Trend since 45 Years
Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective
Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar.
Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Sideways to Down
6: 2 Pattern Candle Chart: /Double top Volume divergent
7: 3 Volume: deficient here
8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month
9: 5 Volatility measure Bollinger bands: head fake a squeeze
10: 6 Strength ADX: bullish to sideways shift
11: 7 Sentiment ROC: GBP Weaker than CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves
14: Support resistance base: Double top
15: FIB: Not confirmed yet
☑️ final comments: Wait
16: 💡decision: sell at
17: 🚀Entry: 1.14310
18: ✋Stop losel:1.1550
19: 🎯Take profit:1.0427
20: 😊Risk to reward Ratio:1:8
🕛 Excepted Duration :30
1 ✨Eagle eye: Strong Down Trend since 45 Years
Two 📆Monthly: Monthly Impuls move Just Hit their target, and now the current activity is corrective
Three 📅Weekly: Corrective move tap most recent OB and Resistance. From my point of view, the correction is finished now, and the current candle is also inside the bar.
Four 🕛Daily: After a weekly rejection, induce their previous low and correction right the level price to make Doji and gap down
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Sideways to Down
6: 2 Pattern Candle Chart: /Double top Volume divergent
7: 3 Volume: deficient here
8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 sideways since the month
9: 5 Volatility measure Bollinger bands: head fake a squeeze
10: 6 Strength ADX: bullish to sideways shift
11: 7 Sentiment ROC: GBP Weaker than CHF
✔️ Entry Time Frame: H4
12: Entry TF Structure: bullish
13: entry move: Because Resistance at weekly, so we seek only sell opportunities here until the price does not confirm themselves
14: Support resistance base: Double top
15: FIB: Not confirmed yet
☑️ final comments: Wait
16: 💡decision: sell at
17: 🚀Entry: 1.14310
18: ✋Stop losel:1.1550
19: 🎯Take profit:1.0427
20: 😊Risk to reward Ratio:1:8
🕛 Excepted Duration :30