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 shifted its character on h1 time frame by closing above 1.32529. Meanwhile the price hasn’t established any new support on ant time frame, while the previous support at 1.32385 on m15 & h1 time frame already tapped by the price. In addition a close below 1.32192 on h1 time frame, as the result the price would confirm the new resistance on h1 time frame. Meanwhile awaiting for the new structure to be formed.
Support Zones
M15 Support Zone\H1 Support Zone
As the price trades in bullish structure, but the hasn’t established any near by support zone. Meanwhile awaiting for the new structure
Resistance Zones
M15 Resistance Zone
1.32836 – 1.32897
Pending Resistance Zone
Multi Time Frame Alignment Zone
H1 Resistance Zone
1.32807 – 1.32897
Pending Resistance Zone
Higher Time Resistance Area
Session Strategy
The price trades in bullish structure, meanwhile the price hasn’t established new support on any time frame. If price closes below 1.32192 on h1 higher time frame, as a result the price could confirm the character shift towards the bearish side while making the fresh resistance at 1.32461. In addition if price closes above 1.32662 on higher time frame h1, as the result the price would confirm the new support at 1.32440 on h1. Unless the price holds 1.32192 on h1 time frame, as the result the bullish will remain intact.
Nyc Session Key Support & Resistance Zones
Although the price trades in bullish structure, as long as the buyers are defending 1.32438 on h1 time frame. If price closes below 1.32314 on h1 time frame, as a result the price would confirm the character shift towards bearish side while establishing the fresh resistance at 1.32529. Meanwhile the pending resistance will remain at 1.33635 – 1.33696 on h1 time frame , similarly on the other hand fresh support will remain at 1.32438 – 1.32314 on h1 time frame. Unless the last support remains intact 1.32314, furthermore bullish momentum may continue
Key Takeways
Trend: Bullish
Bias: Buy On Dips
Follow H1 Structure
Disclaimer
Although this analysis is for educational and informational purposes only. It does not constitute financial advice. Always manage your risk and trade responsibly.