20 Reason for buy EURGBP🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Yearly A confirmed UPtrend makes proper high and low after the last valid low price is on their above equilibrium a clear flag pattern is also here, and wick offspring also confirm themself
2:📆Monthly: bearish trap at monthly lows and long wick and big Imbalance area at the above side, so the price may go up for fill up Feb reversal candle mot able to maintain themselves price reject last month's low and start upside move
3:📅Weekly: with monthly support on the weekly tf price, make a high after a last weekly spinning top bull side price formation confirm
4:🕛Daily: low is valid now, but high is not yet mean price may be going to make another high last daily engulf candle also super high momentum now price make a buildup here
😇7 Dimension analysis
🟢 analysis time frame: H4
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: inside the bar at low, with h4 FVG support, 2nd momentum candle with significant volume, make a flag, again right now makes support on h4 OB again
7: 3 Volume: no volume on retracement but the significant volume on bull candles
8: 4 Momentum UNCONVENTIONAL Rsi: above 40 technically bullish, no weakness
9: 5 Volatility measure Bollinger bands: tight squeeze, above the middle band, make support on 20MA,
10: 6 Strength ADX: start bullish strength because bull DMi makes a crossover on main ADX and bearish line
11: 7 Sentiment ROC: eur has positive ROC compare to GBP right now
✔️ Entry Time Frame: 15 min
12: Entry TF Structure: Bear, but we need to wait for Choch on 15 min tf it is about 0.8877
13: entry move: should be bullish
14: Support resistance base: h4 ob, previous pullback area,
15: FIB: trigger even Occurred
☑️ final comments: Buy
16: 💡decision: Buy
17: 🚀Entry:0.8880
18: ✋Stop losel: 0.8833
19: 🎯Take profit: 0.8966
20: 😊Risk to reward Ratio: 1:2
🕛 Excepted Duration: 2 days
