EURUSD wave structure analysis on daily and 4 hour timeframes
- 4H swing is bullish.
- Day swing is bearish but the internal is bullish
- The current price is in the Supply zone of the daily time frame, so there is a high possibility that the price will have a downward wave. We can look for an opportunity to sell down to the Demand zone of the 4H time frame.
- Day swing is bearish but the internal is bullish
- The current price is in the Supply zone of the daily time frame, so there is a high possibility that the price will have a downward wave. We can look for an opportunity to sell down to the Demand zone of the 4H time frame.
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4 hour timeframe for CHOCH signalNota
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Penafian
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