This is my Intraday analysis on EURUSD for 26 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H Chart Analysis
1.
2.
3.
15m Chart Analysis
UPDATED 15m Chart Analysis
1.
2.
- 4H
- 15m
4H Chart Analysis
1.
- Bullish Swing
- Bullish INT
2.
- Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
- Price still in the 4H pullback phase and reached another demand zone which could provide potential buys with LTF confirmation.
3.
- Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation.
- But me mindful that no confirmation for bullish move weakness and there is Liquidity above this supply zone price is targeting.
15m Chart Analysis
UPDATED 15m Chart Analysis
1.
- Swing Bullish
- Internal Bearish
2.
- After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
- We reached EQ and 4H demand for high probability bullish continuation. This will be confirmed once we have bullish iBOS.
