XAU/USD 17 April 2024 Intraday Analysis
H4 Analysis:
Intraday analysis/bias remains unchanged and the same a yesterday's analysis dated 16 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price has also reacted to H4 demand where we are currently seeing a reaction.
Current intraday expectation is for price to react at H4 supply level to target weak internal high.
Alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's target was hit with price printing another bullish iBOS and subsequently a bearish CHoCH which indicates bearish pullback is underway.
Current intraday expectation would be for price to react at 50% EQ or M15 POI before targeting weak internal high.
Alternative potential scenario would be for price to target, and close below strong internal low as all HTF's require a pullback.
M15 Chart:
Intraday analysis/bias remains unchanged and the same a yesterday's analysis dated 16 April 2024
-> Swing: Bullish.
-> Internal: Bullish.
Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low.
Price has also reacted to H4 demand where we are currently seeing a reaction.
Current intraday expectation is for price to react at H4 supply level to target weak internal high.
Alternative scenario could be for the price breach and close below internal low as all HTF's require a pullback.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
Yesterday's target was hit with price printing another bullish iBOS and subsequently a bearish CHoCH which indicates bearish pullback is underway.
Current intraday expectation would be for price to react at 50% EQ or M15 POI before targeting weak internal high.
Alternative potential scenario would be for price to target, and close below strong internal low as all HTF's require a pullback.
M15 Chart:
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.