1:7 RR Buy Setup For EURCHF

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Core Analysis Method: Smart Money Concepts

Based on the Smart Money Concepts methodology, the following analysis has been conducted:
If we look at the daily timeframe, we see a very strong candle at the lowest level or swing level that made a fake breakout and then cleaned up the price. The next daily candles followed it up, and then the smaller timeframe, which matches the daily one-hour timeframe, also followed up with a good spike and body. All of these things make it a very good entry to buy.

😇 7 Dimension Analysis

Time Frame: H1

Swing Structure:

The current swing structure is bullish with a Break of Structure (BOS).
Liquidity resting and sweep areas are identified below, indicating the potential for a deeper corrective swing.
After taking inducement, the Point of Interest (POI) includes Extreme Order Block (OB), Fair Value Gap (FVG), and liquidity all clustered in the discounted zone, making this an attractive area for buyers.
Pattern:

🟢 Chart Patterns:
No chart patterns have formed yet for confirmation. Entry is based solely on Smart Money Concepts.
🟢 Candle Patterns:
Candle stick patterns will be updated once the price reaches the POI.
Volume:

🟢 Volume analysis indicates strong bullish control. Massive volume has been observed whenever the price moves in a bullish direction, while corrective moves lack significant volume. This suggests that bulls are in full control of this pair.
Momentum RSI:

🟢 The price is currently in a bullish to sideways zone.
There is no valid range shift yet, but a loud move has been observed, making this swing potentially dangerous for buyers. The loud move suggests a strong loss of momentum, which is a powerful signal in this context. We need to monitor further developments.

Volatility Bollinger Bands:

🟢 After a contraction and expansion phase with a squeeze breakout and walking on the band, the bullish volatile move appears to be over.
The price may enter a sideways zone for some time before potentially starting another bullish move.
Strength ADX:

The ADX indicates that bulls are currently in power.
Rating: ⭐⭐⭐

The trade has been given a 3-star rating (60% probability) because the momentum and chart patterns are not fully supportive yet. The trade setup shows potential but requires careful monitoring.

✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish BOS
☑️ POI: Liquidity resting areas marked

💡 Decision: Buy limit orders
🚀 Entry: 0.9416 / 0.9394 (two positions with 50% risk for each; calculate lot size accordingly)
✋ Stop loss: 0.9352
🎯 Take profit: 0.9660
😊 Risk to reward Ratio: 1:6
🕛 Expected Duration: 7 days

SUMMARY:
The analysis suggests a potential bullish setup with entry points at 0.9416 and 0.9394, each with 50% risk allocation. The stop loss is placed at 0.9352, and the target is set at 0.9660, offering a favorable risk to reward ratio of 1:6. Given that momentum and chart patterns are not yet fully aligned, the trade has a moderate probability, and close attention should be paid to the price action as it reaches
Anulowano zlecenie
because market formed another BOS
Chart PatternsEURCHFeurchfanalysiseurchfbuyeurchfforecasteurchfideaeurchflongeurchfsignalTechnical IndicatorsTrend Analysis

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