15m Swing Bearish Internal Bullish
The lows that I mentioned on my previous 4H chart have been swept and we got a strong bullish reaction after deeper mitigation in daily demand
There is no clear supply above and a lot of liquidity left behind.
Once ( if ) price sweeps the 15m Swing high, we will then have 4H bullish ChoCH that might indicate 4H pullback have started
PPI today at 13:30 UK time
The lows that I mentioned on my previous 4H chart have been swept and we got a strong bullish reaction after deeper mitigation in daily demand
There is no clear supply above and a lot of liquidity left behind.
Once ( if ) price sweeps the 15m Swing high, we will then have 4H bullish ChoCH that might indicate 4H pullback have started
PPI today at 13:30 UK time
Note
4HNote
DailyNote
15m Structure UpdateWe see the 15m structure built as predicted in the morning. I took a long with the sweep of the low in 15m demand as I expected bullish momentum to continue. Although the 15m swing is currently bearish, I will look for CONFIRMATION longs from 15m demand to follow 15m bullish internal order flow.
PPI at 13:30 UK time so we could see slow price action till the event come out
Note
15m Update, no trade entry as price kept pushing down
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Related publications
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.