Euro / ABD DolarıGüncellendi EURUSD - 20 December 2021
Current Market Condition:
Market Structure (MS) & Order Flow (OF):
Daily: Bearish OF with sideway ranging, price reach to the weekly demand zone and now moving side way.
4H: Ranging or expansion stage, the most recent PA showing an immediate retrace right after swept of structural LQ to both side. Although we have a 4H bullish CHoCH and a mBOS to upside but this wasn't convincing enough for me that price wants to go higher. Price come back down to the 4H demand with almost the same sort of momentum, if it pullback correctively back to the 4H demand I will be happy to play a Long but it's not.
15m: Bearish OF, price is now tapping into a 4H demand zone, we might get a 15m pullback from here.
Momentum:
4H: The way price move back down is pretty impulsive too. Combine with 15m bearish OF and poor formed low structure, we are more likely to continue lower. This 4H demand might just be a reaction point.
Liquidity Condition:
15m most recent low formed poorly, it's more likely stacking LQ for future bearish push.
Trade Idea: Wait or Short
As in HTF we are ranging, it's best not to trade when HTF intention wasn't clear. However, if we want to trade, Short will be the best option as LTF intention tend to go lower.
Market Structure (MS) & Order Flow (OF):
Daily: Bearish OF with sideway ranging, price reach to the weekly demand zone and now moving side way.
4H: Ranging or expansion stage, the most recent PA showing an immediate retrace right after swept of structural LQ to both side. Although we have a 4H bullish CHoCH and a mBOS to upside but this wasn't convincing enough for me that price wants to go higher. Price come back down to the 4H demand with almost the same sort of momentum, if it pullback correctively back to the 4H demand I will be happy to play a Long but it's not.
15m: Bearish OF, price is now tapping into a 4H demand zone, we might get a 15m pullback from here.
Momentum:
4H: The way price move back down is pretty impulsive too. Combine with 15m bearish OF and poor formed low structure, we are more likely to continue lower. This 4H demand might just be a reaction point.
Liquidity Condition:
15m most recent low formed poorly, it's more likely stacking LQ for future bearish push.
Trade Idea: Wait or Short
As in HTF we are ranging, it's best not to trade when HTF intention wasn't clear. However, if we want to trade, Short will be the best option as LTF intention tend to go lower.
Not
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.