Current market condition MS & OF: In 4H, Price trying to break the 4H low, hasn't close below the previous low yet but the FR is a strong signal that the 4H major demand has failed. Price will probably continue down and switch 4H from bullish > bearish OF. As a conclusion, price has shown a bearish intention although we are in 4H bullish OF. In 15m, price has...
Market Analysis: The Overall Market Condition of the day is favoring LONG for HTF and SHORT for LTF. Market Structure & Order Flow: 4H Bullish, 4H inner-structure Bullish, 1H/15m Bearish, price is now in the pullback of 4H bullish leg. Based on HTF Market Structure (4H+), price is in bullish OF. In 4H inner-structure, price has given a significant mBOS which...