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 higher time frame. As a result, the price closed above 1.33511 on h1 time frame. Meanwhile establishing the fresh support at 1.33148 on h1 time frame. On the other hand, the price established fresh support on m15 time frame at 1.33956. Until the price holds 1.33045 on h1 time frame, the bullish momentum remains intact
Support Zones
M15 Support Zone
1.33956 – 1.33943
Fresh Demand Zone
Short Term Intraday Support Region
H1 Support Zone
1.33151 – 1.33045
Fresh Demand Zone
Higher Time Frame Support Region
Resistance Zones
M15 Resistance Zone\H1 Resistance Zone
Although the price trades in bullish structure on h1 higher time frame. As a result the price, the price hasn’t established any fresh resistance on any time frame m15 or h1. Meanwhile the h1 pending support would remain valid at 1.34965 – 1.35079.
Session Strategy
Although the price trades in bullish structure on h1 higher time frame. Meanwhile the price holds last support at 1.33045. In addition, a break below 1.33045, would establish character shift towards the bearish side. Meanwhile forming the fresh resistance at 1.33721 on h1 time frame. Moreover, if price looses the level at 1.33943 on m15 time frame. As a result the price may establish the fresh resistance at 1.34037. In addition, a decisive close above 1.34672 on h1 time frame. As a result the price could establish the fresh demand zone on h1 time frame at 1.34002. Furthermore upside would remain intact, until the price holds last support at 1.33045 on h1 time frame.
Nyc Session Outlook
Although the price trades in bullish structure on h1 time frame. Meanwhile the m15 time frame shifted its character, while giving the close below 1.33943. Therefore the price established fresh resistance at 1.34038. On the other hand, the h1 support remains at 1.33153. Moreover, a decisive close above 1.34672 on h1 time frame. As a result the price could establish the fresh demand zone on h1 time frame at 1.33792. Furthermore upside would remain intact, until the price holds last support at 1.33045 on h1 time frame.
Key Support & Resistance Zone
M15 Support Zone
1.33499 – 1.33453
Pending Demand Zone
Short Term Intraday Support Zone
H1 Support Zone
1.33153 – 1.33047
Pending Support Zone
Higher Time Frame Demand Zone
Resistance Zone
M15 Resistance Zone
1.34038 – 1.34105
Fresh supply Zone
Short Term Intraday Resistance Area
H1 Resistance Zone
1.34965 – 1.35079.
Pending Supply Area
Higher Time Frame Resistance Region
Session Strategy
Although the price trades in bullish structure on h1 time frame. Meanwhile defending the last support at 1.33047 on h1 time frame. On the other hand, a close above 1.34676 on m15 time frame. As a result, the price may confirm the dual character shift towards the bullish side, while forming the fresh support at 1.34105 on m15 time frame. In addition, In addition, a break below 1.33045, would establish character shift towards the bearish side. Meanwhile forming the fresh resistance at 1.33721 on h1 time frame.
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.