M15 & H1 Intraday Key Levels|Bullish Bias(Mid London Character Shift)
Market Structure: Bullish (Mid London Character Shift)
Intraday Sentiment: Buy On Dips
Session Focus: London| Nyc
London Market Overview
The structure is bearish in higher timeframe, as the price established character shift in m15 while forming a short term support base in m15 at 1.32859
Resistance Zones
M15 Resistance Zone
1.34285 – 1.34319
Pending Supply Area
Multi Timeframe Resistance Zone
H1 Resistance Zone
1.34285 – 1.34319
Pending Supply Area
Multi Timeframe Resistance Zone
Support Zones
M15 Support Zone\H1 Support Zone
As the price continuous bearish structure in higher time frame, the price established character shift in m15 while forming short term support base at 1.32859, meanwhile the higher timeframe support will remain at 1.32960
Session Strategy
Although the sellers are dominating on higher timeframe. Meanwhile the buyers are defending the short term support base 1.32859. Moreover if price closes above 1.34319 on h1 then the price establish character shift on higher timeframe. In addition the bullish momentum remain intact.
Nyc Session Outlook
Although during the mid london the price established character shift on higher timeframe. Moreover the price decisively close above 1.33699 on h1 time frame. Meanwhile forming support at 1.33256 on higher timeframe.
Key Support and Resistance Zones
M15 Support:
1.32859 – 1.32817
Pending Intraday Demand Zone
H1 Support:
1.33256 – 1.33039
Fresh Intraday Higher timeframe Support
H1 Resistance:
1.34285 – 1.34319
Pending Higher Timeframe Resistance Area
Session Strategy
Although the structure remains bullish. Meanwhile the buyers are dominating the price while forming higher timeframe support at 1.33256. Moreover the sellers are active at 1.34285 may dominate the price till 1.33256. Furthermore bullish momentum continues as long as the price holds the last support.
Key Takeways
Trend: Bullish (Mid London Character Shift)
Bias: Buy On Dips
Follow H1 Structure
Disclaimer
Although this analysis is for educational and informational purposes only. Therefore it does not constitute financial advice. However always manage your risk and trade responsibly.