EURUSD 26/01/2023
Updated
*for my own journaling purposes*
*Blessings*
4Hr
Trend is bullish, price is at extreme demand.
M15[/B]
M15 is bullish following the M15 break of structure to the upside. Big sell off yesterday after news, bring us back to deep demand.
Asia session liquidity highlighted in yellow.
M5
Although price is at M15 Demand, the internal structure is still bearish with supply in control.
The fractal structure is also bearish, following the fractal BoS.
Price has taken out Asia lows.
Looking for fractal structure to shift bullish before looking at potential longs to take out M15 weak highs.
*Blessings*
4Hr
Trend is bullish, price is at extreme demand.
M15[/B]
M15 is bullish following the M15 break of structure to the upside. Big sell off yesterday after news, bring us back to deep demand.
Asia session liquidity highlighted in yellow.
M5
Although price is at M15 Demand, the internal structure is still bearish with supply in control.
The fractal structure is also bearish, following the fractal BoS.
Price has taken out Asia lows.
Looking for fractal structure to shift bullish before looking at potential longs to take out M15 weak highs.
Note
Daily view: Approaching 4hr Demand.
4hr:
M5:
Supply in control. Yet to tap into 4hr demand zone
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.