EURUSD 4H TF (9/20/22)
We have a protected low and a targeted high showing price is bullish and executing the complex pullback of the daily. Within this range we can see it has its own complex pullback down to demand zones. Price tapped into a demand zone and has been range for a few days. We can see in the range that price built liquidity, swept the liquidity and FTC'd the high of the range. It then pulled back to demand and target the high again but FTC'd the previous high while also creating a bullish internal bos. The internal structure is aligned bullish with the HTF narrative but be sure to look at both sides.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.