EURUSD Multi Timeframe Analysis 25.10.2024
Updated
15m Swing Bullish, Internal Bullish, but his could be to mitigate current unmitigated 4H supply
Bullish momentum is strong after sweeping daily low liquidity so I assume and will look for longs to stay with the bullish pressure until it turns out the other way
Pricing in 4H supply now so we might see 15m fractal shift to bearish and give us quick short possibilities. But I will look for confirmation longs from 15m demand range nested in 4H demand, which is marked on the chart.
Bullish momentum is strong after sweeping daily low liquidity so I assume and will look for longs to stay with the bullish pressure until it turns out the other way
Pricing in 4H supply now so we might see 15m fractal shift to bearish and give us quick short possibilities. But I will look for confirmation longs from 15m demand range nested in 4H demand, which is marked on the chart.
Note
4H
4H Swing, Internal Bearish, Fractal Bullish
Once the swing structure shifted to bullish, we could say next daily bullish leg has started
Strong 4H bullish push. Ideal to look for longs from 4H demand zone
Note
Daily
Swing Bearish, Internal Bullish, Fractal Bearish
I would like to see fractal high to go to play the next internal bullish leg, Or at least price to mitigate those unmitigated supply zones marked on the chart.
Lot of open liquidity left behind.
Trade active
Risky 5m entry after sweeping the high
Did not like the v shape bullish reaction tho
Trade closed: stop reached
Was a bit obvious that price will push higher after a strong v shape bullish reaction, but was worth to risk small % on the possibility that price might push deeper to mitigate 4h demand
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