weekly supply tapped and were in weekly demand however the weekly structure looks bearish. daily trend is down daily zone removed momentum line 4h is up, if the market retraces into this zone before tapping daily supply. we can take shorts
here we have a 1:3 eurusd analysis that played out the daily supply was in control and the area of interest was based on a 1h / 2hr /4h DBD now this set up looks cleanest on the 2h and was the most recent valid supply zone for a move
weekly supply in control , we just had 4h supply remove daily demand. so were following the order flow . we have a nice drop base drop clean departure. limits are set
4h and daily in control, soon clean with fresh departure. quarterly level near entry.
demand in control on 4h daily and weekly , just tapped into 4h demand , 30 min demand created.
4h demand for a potential reversal that recently removed supply after tapping into a higher timeframe zone
supply is in control currency , hopping to take this down to demand looking at this quarterly level , fib and supply on the 4h
daily supply but also weekly DBD , three a 4h zone cleanly nested inside this daily one, quarterly level in play so lets see how this runs
confluences : weekly demand took control , 4h demand , quarterly level , removed daily supply , daily demand in control
conferences : daily fib , quarterly level , demand , htf wow setup. coming from monthly demand.
we've been in a downtrend, usually 1h and 4h zones are my favorite setup. I've placed my sell limit at the 1hr nested in 4h. only turbulence is the market just tapped weekly demand. I'm aiming for the market to react to my zone and dip deeper into weekly demand down into daily nested demand. further updates will be found in the comments
market was impulsively moving up because of cpi today. this was a setup I observed that fit my trading plan see comments for details
so far weve have just reacted to daily DBD created a 4h confirmation and just tapped into and ran. so, the story is bearish at the moment. on this outlook we have a high-quality zone. its 4h /1h, should the market retrace to these zones I will consider confidently taking a short. in the comments i will post more analysis on this outlook and the outcome as we progress
1:10 caught on eurusd 4h supply tap with 15 and 1 minute confirmation see comments
went short here HFT trending down and were entering based of1 hr supply with 15s and 1 min confirmation. the zone there's still room to go above and mitigate demand so im open to this taking more then 1 attempt
journal entry buy on usdjpy well done see to the comments
fundamental were down however we have a 4h change with 4h demand taking control , this could potentially result in a pull back to the daily supply before continuing down.