Smcconcepts
EURUSD Monday forecastwe have the overall order flow EU to be bearish for now, and price hasn't gotten to the demand zone that might likely change our overall bias to beign bullish....
Expectaion:
we have a break of structure to the down side from the nice supply zone I drew on 15 min TF...
I'm expecting a mitigation and a reversal from the supply zone to hit the our likely target, which is the demand zone below.
confluence:
BOS
IMBALANCE
MITIGATION
GBP/USD 1H Mark Up, sell limit possibility GBP/USD has shown a bearish downwards movement and is still Bearish, Breaking 1H and 4H structure.
If price breaks through the 1H BoS again, whilst also flipping from a demand zone, then breaks structure, the 1H POI that caused the flip and BOS would be a good probability zone to trade from.
EUR/USD Buy Limit Daily Bearish, with price reacting off a Daily Supply POI.
4H: has been Bullish with demand in control, price recently turned Bearish but has now re-entered a Bullish leg
1H: Price is Bullish as it has recently broken 4H and 1H structure to the upside, The low should be protected as it broke the high whilst also producing a demand range.
Potential Risk entry to catch the demand and move back to the upside.
AUD/USD 1H Mark UpDaily price is Bearish with the 4H Bullish showing demand is in control.
A reaction is expected from the 4H supply zone. All IMB is nearly taken and the internal liquidity has also been taken.
1H: Price is Bullish with the 4H trend but currently making a very corrective move towards the 4H supply zone.
Sell Limit placed on 4H zone to catch the pull back.
EUR/USD 4H Mark UpDaily has been bearish since April 2021, respecting BoS supply zones.
Price has pulled back further then most recent ones, but is returning to a strong POI that caused an BoS.
4H is Bullish following a Demand zone order flow.
A strong 4H and daily POI is above price which could make for a good pull back forming the Lower High for the continued drawdown of price
GBP/USD 1H Mark UpDaily, Bearish with a strong Supply zone high in the swing leg.
Price may react to the 4H structure and not return to the extreme supply, it may if it does, as there is imbalance to fill.
4H, demand is in control currently, a small reaction from the supply zone currently which may move to demand area for a continued push upto the 4H POI
1H: Price is Bullish, in line with the 4H trend, using demand to continue higher,
A strong 4H POI has been identified for a pull back zone. Sell Limit placed to catch the reversal.
GBP/USD 4H Mark UpDaily, Bearish with a strong Supply zone high in the swing leg.
Price may react to the 4H structure and not return to the extreme supply, it may if it does, as there is imbalance to fill.
4H, demand is in control currently, a small reaction from the supply zone currently which may move to demand area for a continued push upto the 4H POI
USD/CAD 1H Markup Key POI,
If price breaks through this demand zone, supply is still in control and price can continue towards the Daily Swing Low
Lower TF BoS to the up or downside will determine what price does next, breaking the 4H Swing Low will be crucial.
Sell limit placed to catch the pull back if price pulls back to the supply zone.