15M assessment: remembering that the overall assessment is for price to drop to the 4H demand to then fuel the move towards the Daily supply, the POI's within the discount are the HP zones to look for longs for the continuation move which will in turn break the 15M structure to the upside.
5: 4H assessment: the 4H may have turned Bullish to facilitate the Daily pullback. The Demand POI may be used to triggerPA to move higher towards the Daily POI .
Slightly uncertain at the minute as price is ranging with the premium of the leg and no clear intention. London may show more of an intent on which direction price will continue in.
Price reacted well of the 4H supply on Thursday. The next course of action may be for price to fall to the 4H demand, react from that, then drop further if the supply chain is to stay in tact.
Multiple option on the 15M, Price may continue the Bullish sentiment and breakthrough the supply 15M POI's, however, if price. CHoCH's on the 15M, this will be a good sign the pullback is complete and price will continue lower. Price may break through the POI's and turn Bullish.
Possible POI's for shorts on the 4H. Paired with the 15M POI's theses POI's may be the zones that cause price to retrace from.
15M: Price has broken the previous swing high and therefore is Bullish and the PA could be seen a a pullback. Not the cleanest PA for the move up and price now look to be making a supply chain to the downside. Price is within the premium which isn't the best probability for sell, but if price breaks through the internal low the sells could be looked for from...
15M: Overall Swing Leg is Bearish having reacted off the 4H and 15M extreme supply range. Price has since been within a complex range. Currently price has fell and shown Bearish structure to the downside. Assessment: Wait for the IH or IL to break signifying further Bearish intent, identify the supply that broke the structure and see for potential sell off this zone.
Price is currently very choppy within the 15M swing leg, ideally I would like to see price move higher to the 15M and 4H POI and look for the short entry models.
4H: Price is in a clear downtrend making Lower Lows and Lower Highs. Supply is in control currently. Assessment: wait for price to return to the POI or supply zone and then wait for LTF confirmation for entry model. Price may return to the IMB and then continue the fall, or return to the POI. alternatively, price may fall straight through and then we should...
Daily: Price is in a downtrend having broken Daily structure to the downside. with Dollar strength the AUD may fall with it. the level i see being taken is the Daily low. 4H: Price is nearly Bearish, However, has yet to break through fully, Price may move back to the supply POI and then react which will be fulled by the liquidity resting below. Currently...
Daily: Price is in a downtrend having broken Daily structure to the downside. with Dollar strength the AUD may fall with it. the level i see being taken is the Daily low. 4H: Price is nearly Bearish, However, has yet to break through fully, Price may move back to the supply POI and then react which will be fulled by the liquidity resting below. Currently...
4H: Price is currently Bearish having broken 4H and daily structure. two options, price reacts off the current POI and ChoCH's to the down side, giving an short entry model, or price pulls back to the demand zone, the continues higher.
1H: Multiple options on the 1H, Price may pull back to the IMB sitting above , or pull back higher to the IMB or supply formed by the BOS. alternatively, price may break though the daily zone and continue to the downside.
4H: Price is currently Bullish within the 4H TF, which means a break of structure will be needed to return Bearish once again, and line up with the overall Daily trend. Price may retrace back to the supply provided by the CHoCh and also break the IMB, or price may break through, retest the supply and continue lower.
Daily: Price is in a clear downtrend , forming Lower Lows and Highs., with Supply in control. Price will most likely react off the swing low before breaking towards the downside.