EURUSD Trend Analysis

Uppdaterad
Daily:

Daily trend is bearish.
4 hour trend is bullish, and facilitating the pullback into premium areas of supply.

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4 hour trend is bullish, with HH and HL being formed.
Expecting the Daily pro bear trend to continue - this 4hr trend needs to shift bearish.

Zooming in, note the internal structure is bearish and there are unmitigated supply and demand zones.

Price is trading in the middle of two zones, with Supply in control currently.

Price is also reacting off an insignificant demand zone, so I expect supply to remain in control until the identified major demand zone.

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4 Hour

Refined 4hr zones.
4 hour trend is bullish.
Internal trend is bearish with supply in control.

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15 Min[/bold]

15 min which is essentially the internal trend we saw on the daily, is bearish.

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[B]Internal


Demand is in control with bullish internal trend demand chain.

Looking for liquidity formed by Asia session, for price to grab liquidity which co-insides with a supply zone. Considering demand is in control we, need to wait for a confirmation entry.
Confirmation entry is defined by price reacting off the zone, printing a change of character with a fair value gap. Entry on the zone which creates the FVG.

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Kommentera
Price is approaching equilibrium point and supply zones.
Looking for fractal Change of Character and supply to take control before any shorts.

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Kommentera
Fractal structure has shifted bearish, supply taking control.

TP1 Target internal strong, 5RR
TP2 Target M15 weak low, 10RR

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Kommentera
Price went without us. Violent sell off with no retest on the zone for entry.
Next Time.

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Kommentera
CLOSE Idea. Day is closed.
Trend Analysis

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