1:10 RR Sell Setup for GBPCHF

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Core Analysis Method: Smart Money Concepts

Based on the Smart Money Concepts methodology, the following analysis has been conducted:

😇 7 Dimension Analysis

Time Frame: H4

Swing Structure:

The current swing structure is bearish with a perfect Break of Structure (BOS). Inducement has been taken, and the corrective swing move is almost complete.
A Breaker Block (BB) Point of Interest (POI) area shows weakness in the internal structure, making it a critical zone.
The POI BB & Fair Value Gap (FVG) are identified at the initial level of the Premier zone of the impulsive swing.
Support: The previous support has now become resistance after the breakout, making this area a key Change in Polarization (CIP).
Pattern:

🟢 Chart Patterns:
No significant chart patterns have formed to support this move yet. However, it’s important to wait and observe what happens when the price reaches the level.
🟢 Candle Patterns:
The "Inside: Narrow Range 4" pattern is intact. The breakout from this pattern will determine the next short or initial move.
Volume:

🟢 Significant volume was observed at the lowest level of the swing, but there was no volume during the corrective move. This lack of volume indicates a lack of interest from bulls in the current move. Most players are still interested in selling, as the bearish trend remains strong.
Momentum RSI:

🟢 The market is currently in a bearish to sideways zone. There is no sign of a range shift, but the RSI line has taken resistance at the 60 level multiple times, indicating selling momentum is still present.
Volatility Bollinger Bands:

🟢 Contraction is fully in form, and after the breakout, the next move in volatility will be decided. Given the current bearish trend, another volatile bearish move is expected.
Strength ADX:

The ADX is currently neutral, indicating no clear strength dominance from either bulls or bears at this moment.
Rating: ⭐⭐⭐

This setup is rated as a 50/50 probability due to the neutral ADX and lack of supporting chart patterns, indicating a balanced risk.
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Bearish
☑️ POI: Breaker Block

💡 Decision: Sell limit
🚀 Entry: 1.1172
✋ Stop loss: 1.1240
🎯 Take profit: 1.0507
😊 Risk to reward Ratio: 10 RR
🕛 Expected Duration: 10 days

SUMMARY:
This analysis suggests a cautious bearish setup with an entry at 1.1172, a stop loss at 1.1240, and a take profit target at 1.0507. The risk-to-reward ratio is 10:1, and the expected duration for the trade is around 10 days. The lack of volume during the corrective move, resistance at the RSI level, and intact Narrow Range pattern suggest a probable continuation of the bearish trend. However, the setup carries a balanced risk due to the neutral ADX and lack of clear supporting patterns. Monitoring the price action as it reaches the POI is crucial for confirming the trade's viability.
交易开始
lets see
交易手动结束
Because co relation currency EUR not support this now any more
Chart PatternsGBPCHFgbpchfanalysisgbpchf_forecastgbpchfideagbpchfsellgbpchfsetupgbpchfshortgbpchfsignalgbpchftradeTechnical IndicatorsTrend Analysis

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