EURUSD Update 30/01/2024
*for my own journaling purposes*
*Blessings*
Daily
Trend = Bullish
Price back at 4 hour demand.
4 hour
Trend = Bullish as 4 hour demand is still in control with strong lows and weak highs.
We are at 4 hour demand. Keep in mind overall daily trend is bearish.
Internal structure is bearish. Needs to shift bullish before looking to take out 4 hour weak highs.
M15
Note we are at 4 hour demand zone. We can expect a reaction here.
M15 trend = bearish
M15 Internal = bullish - following internal break of structure.
M15 internal (M5)
Trend = Bullish
Looking to see where Asia liquidity forms. A sweep of asia lows into the internal demand zone (internal strong low) may result in entry criteria coming about. Targeting Asia high and internal weak highs.
*Blessings*
Daily
Trend = Bullish
Price back at 4 hour demand.
4 hour
Trend = Bullish as 4 hour demand is still in control with strong lows and weak highs.
We are at 4 hour demand. Keep in mind overall daily trend is bearish.
Internal structure is bearish. Needs to shift bullish before looking to take out 4 hour weak highs.
M15
Note we are at 4 hour demand zone. We can expect a reaction here.
M15 trend = bearish
M15 Internal = bullish - following internal break of structure.
M15 internal (M5)
Trend = Bullish
Looking to see where Asia liquidity forms. A sweep of asia lows into the internal demand zone (internal strong low) may result in entry criteria coming about. Targeting Asia high and internal weak highs.
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