Smcconcepts
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.
USD/CAD Sell Continuation 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.
AUD/USD, potential for both sidesDaily Bearish, as structure has been broken to the downside.
4H is Bullish as a structure level has just been broken to the upside.
Price is Bullish on the 1H, if price breaks below the internal low causing CHoCH, this would be a good indication that the Daily Pullback is complete.
Price is yet to make it onto the premium zone which is also a point to note.
GBP/USD, Currently undecided Daily: Bearish, Pullback has begun, and price is currently ranging within Daily Swing Leg.
4H: Bullish as it has broken 4H structure to the upside.
Price has made a new HH and HL but is currently ranging within the internal high and low.
1H: Price is Bullish having broken structure tot he upside, currently ranging and within the premium,
price will need to drop into the discount or break above the 1H SH,
USD/CAD POTENTAIL ShortDaily: Bullish as it has broken Daily structure to the upside.
4H: Bearish, as it has been forming new Lower Higher and Lower Lows, breaking 4H structure.
1H Bearish as it has taken the 4H and 1H structure to the down side.
Assessment, waiting for price to break the internal low, pull-back breaking minor structure, then choch to the downside to give an entry signal. once reacted off a POI.
seeing the 1H SL and then the 4H SL break would give more confluence that we are to continue Bearish, only due to the daily technically being Bullish as price has broke to the upside.