EURUSD 4h
Like I said, I want to see a clear order flow shift where supply fails and demand holds when we react to the weekly/daily demand zone. We can see that this demand zone is an A+ demand zone with a sweep of liquidity and an impulsive move. We swept the Internal Range Liquidity (IRL), and this could be enough for the price to change order flow. We can see that the First Level of Respect (FLOR) has just failed, and we are now trying to test the Daily Last Point of Demand (LPOD).
As I mentioned, we are bullish on the weekly and daily timeframes, so what I want to see is a clear Market Structure Shift (MSS) on the 4-hour chart, which we have now gotten. I would not take the trade just yet; I am looking for more confirmations on the lower timeframes, like the 15-minute and 5-minute charts, before executing on the 1-minute or 5-minute chart
As I mentioned, we are bullish on the weekly and daily timeframes, so what I want to see is a clear Market Structure Shift (MSS) on the 4-hour chart, which we have now gotten. I would not take the trade just yet; I am looking for more confirmations on the lower timeframes, like the 15-minute and 5-minute charts, before executing on the 1-minute or 5-minute chart
노트
Feel free to give a comment, if there is something I am missing or if you have any questions.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.