Optimum369

7 Dimension Analysis for AUDCAD

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FX:AUDCAD   澳元/加元
😇 7 Dimension Analysis
Time Frame: H4

1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Done
🟢 Internal Structure: Also bullish
🟢 Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup
🟢 Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side

2️⃣ Pattern
🟢 CHART PATTERNS: Continuation Ascending Triangle
🟢 CANDLE PATTERNS: This is a consolidation area; no valid candle pattern is observed. We will check our candle patterns at the breakout or market opening

3️⃣ Volume
🟢 We need a deep observation of volume on the breakout
🟢 less than the previous move

4️⃣ Momentum RSI
🟢 Zone: Sideways
🟢 Range shift: Bullish to sideways
🟢 Divergence: A bearish divergence is here, but it's weak

5️⃣ Volatility Bollinger Bands
🟢 High level of contraction
🟢 Various Band Punchers on the upper band, but they don't follow up the signal

6️⃣ Strength According to ROC
🟢 Values: AUD is 7.01 vs CAD 3.02

7️⃣ Sentiment
When we mix up all the parameters, there is a high chance the price can go up during the coming sessions, so we need to seek buy entries during the week

✔️ Entry Time Frame: H4
✅ Entry TF Structure: Sideways as internal
☑️ Current move: Impulsive sideways
✔ Support resistance base: Fixed range volume POI
☑️ Candles Behavior: Nothing is clear

💡 Decision: We need to wait for the price to break the upper level or come downside to our POI area, then we can buy this pair
🚀 Entry: 0.8980
✋ Stop Loss: 0.8925
🎯 Take Profit: 0.9150
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
😊 Risk to Reward Ratio: 3.1
🕛 Expected Duration: 7 days

SUMMARY: The analysis indicates a bullish stance with a well-defined structure and pattern, though the candle patterns are not clear at the moment. The decision suggests waiting for a breakout or a move to the POI area for a buy entry, considering potential internal structure changes and trendline breakouts.
评论:
Fully intact with our analysis, we can maintain our current position.
评论:
"We continue to maintain our position in this trade

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