M15 & H1 Intraday Key Levels| Bullish Bias
Market Structure: Bullish
Intraday Sentiment: Buy On Dips
Session Focus: London| Nyc
London Market Overview
Although the price trades in bullish structure. As a result the price established change of character while making the higher high and higher low on shorter time frame while establishing the support at 1.34097 on both the time frame m15 and h1.
Resistance Zones
M15 Resistance Zone
1.34565 – 1.34907
Pending Supply Zone
Multi Time Frame Resistance Area
H1 Resistance Zone
1.34565 – 1.34907
Pending Supply Zone
Multi Time Frame Resistance Area
Support Zones
M15 Support Zone\H1 Support Zone
1.34166 – 1.34142
Fresh Support Area
Multi Time Frame Alignment Zone
Session Strategy
Although the structure remains bullish until price holds 1.34142 on both the time frame. In addition, a decisive close below 1.34142 on both the time frame. As a result, the price may establish change of character on m15 as well as h1 time frame. Moreover the price could expose the level at 1.34411 which may act as the resistance area on h1 and m15 time frame. Meanwhile sellers active at 1.34565 on h1 level can dominate the price till 1.34166. However the bullish momentum remains intact.
Nyc Session Outlook
Although the price continues its bullish structure while trading above the fresh last support at 1.34166 on both the time frame m15 and h1.
Key Resistance and Support Zone
M15 & H1 Resistance Zone
134.965 – 135.081
Pending Supply Zone
Multi Time frame Resistance confluence Zone
Support Zone
M15 & H1 Support Zone
Although the price trades in bullish structure has established the new fresh support at 1.34167 – 1.34142 on h1 and m15 time frame.
Session Strategy
Although the buyers are dominating the price on higher time frame while establishing support at 1.34167 both the time frame at m15 and h1. In addition, a decisive close below 1.34142 on higher time frame h1. As a result the price would establish the change of character while establishing the fresh higher time frame resistance at 1.34417. On the other hand the sellers active at 1.34966 on the higher time frame resistance can push down the price till 1.34167. However the upside remains continue.
Key Takeways
Trend: Bullish
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.