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 on h1 higher time frame. Meanwhile the price shifted its character in the mid nyc session, holding the last support at 1.14912 on h1 time fame. In addition the price established fresh support at 1.15074 on h1 time frame. On the other hand, the price established fresh demand zone at 1.15021 at m15.
Resistance Zones
M15 Resistance Zone\H1 Resistance Zone
Although the price trades in bullish structure on h1 time frame. Therefore the price hasn’t established any fresh supply zone at on any time frame. Meanwhile the higher time frame supply zone would remain valid at 1.16513 – 1.16664.
Support Zones
M15 Support Zone
1.15021 – 1.14988
Fresh Demand Zone
Short Term Intraday Support Region
H1 Support Zone
1.15074 – 1.14910
Fresh Support Zone
Higher Time Frame Support Confluence Zone
Session Strategy
Although the price trades in bullish structure on h1 time frame. Meanwhile holding the last support at 1.14910 on h1 time frame. In addition, a break below 1.14910 on h1 time frame. As a result the price would establish character shift towards the bearish side on h1 time frame. Meanwhile forming the fresh resistance at 1.15466. On the other hand, a decisive close below 1.14988 on m15 time frame. As a result, the may confirm the change of character towards the bearish side. Therefore establishing the fresh resistance at 1.15299. Moreover, if price closes above 1.16162 on h1 time frame. As a result the price could confirm the fresh demand zone at 1.16162 on h1.
Nyc Session Outlook
Although the price trades in bullish structure. Meanwhile the price holds the last support at 1.14910. Therefore the price hasn’t established any fresh demand zone on any time frame. Therefore awaiting the new structure to be formed.
Key Support & Resistance Zone
M15 Support Zone
1.15021 – 1.14988
Fresh Demand Zone
Short Term Intraday Support Region
H1 Support Zone
1.15074 – 1.14910
Fresh Support Zone
Higher Time Frame Support Confluence Zone
Resistance Zone
M15 & H1 Resistance Zone
Although the price trades in bullish structure on h1 time frame. Therefore the price hasn’t established any fresh supply zone at on any time frame. Meanwhile the higher time frame supply zone would remain valid at 1.16513 – 1.16664.
Session Strategy
Although the price trades in bullish structure on h1 time frame. Meanwhile the price holds the last support at 1.14910. Therefore, a close below 1.14910 on h1 time frame. As a result the price may confirm the character shift towards the bearish side, while forming the fresh resistance at 1.15465. On the other hand, a decisive close below 1.14988 on m15 time frame. As a result, the may confirm the change of character towards the bearish side. Therefore establishing the fresh resistance at 1.15299. Until 1.14910 remains intact, the bullish momentum remains intact.
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.