EURUSD 31/01/2024 Update

1월 31일

*For my own journaling purposes*
**Blesssings**

Daily

Daily Swing is bearish.
End of Daily swing pullback confirmed after bearish daily internal break of structure (4 hour strong low is broken).
Price is in a 4 hour internal supply chain.


4 hour

4 hour swing is bullish.
4 hour internal is bearish.
Price is in internal supply chain with internal breaks of structure.
Follow this through until internal shifts bullish.
Considering Daily swing is bullish, expectation is for 4 hour to shit bearish, therefore high probability to target extreme 4 hour demand.



M15

Trend is bearish.
Internal has shifted bullish with a break of structure, to cater for M15 pullback. The equilibrium point has not been mitigated, so we may see another leg up to complete the M15 pullback before continuing to take out the M15 weak lows and see 4 hour deep demand.