EURUSD Multi Timeframe Analysis 14.10.2024
Updated
15m Swing and Internal Bearish aligned with 4H
We have mitigated the Daily Demand but a deeper mitigation is still possible
Two unmitigated supply zones to look for confirmation shorts are market on the chart
We are ranging in the CPI 15m candle from Friday, so both sides might get swept
Shorts still more probable until we get at least a bullish 4H reaction to say that Daily demand holds and we target upper levels
We have mitigated the Daily Demand but a deeper mitigation is still possible
Two unmitigated supply zones to look for confirmation shorts are market on the chart
We are ranging in the CPI 15m candle from Friday, so both sides might get swept
Shorts still more probable until we get at least a bullish 4H reaction to say that Daily demand holds and we target upper levels
Note
4H
Note
DAILY
Trade active
Took this risky short after taking lots of internal liquidity and price mitigating 15m supply. I am aware that the minimal ( fractal ) OF still bullish. Risking 0.5 % targeting 3.3R
Note
Moved my stop loss to break even. 15m fractal demand holding the price currently. Trade closed: target reached
Took 3.1 R
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