M15 & H1 Intraday Key Levels| Bullish Bias
Market Structure: Bullish
Intraday Sentiment: Buy On Dips
Session Focus: London| Nyc
London Market Overview
The price is in higher timeframe but the price is trading in the range 1.33699 – 1.33154, meanwhile the price hasn’t established any new support is higher timeframe and in shorter timeframe.
Support Zones
M15 Support Zone\H1 Support Zone
The price hasn’t established or formed any new support in shorter as well as higher timeframe. Meanwhile the support remain valid at 1.30600 in 1d timeframe
Resistance Zones
M15 Resistance Zone\H1 Resistance Zone
1.34285 – 1.34319
Pending Supply Zone
Multi-timeframe alignment Zone
Session Strategy
The structure remains bullish in higher timeframe, meanwhile the price is ranging but if price closes above 1.34031 in h1 then the price could expose the level at 1.33188 which may as the fresh support in higher timeframe, similarly if price closes decisively closes below 1.33039 in higher timeframe then 1.33699 could act as the fresh resistance in higher timeframe h1.
Nyc Session Outlook
The price continues it’s bullish structure h1 timeframe. In the mid london the m15 character shifted to bearish as the price closes below 1.33525 in m15 and made fresh resistance at 1.33735 in m15, meanwhile the price hasn’t established any new support in higher timeframe.
Key Support & Resistance Zones
Support Zone : The support will remain at 1.30600 at 1d,
Resistance Zone : Fresh resistance at 1.33733 in m15
Session Strategy
Although the price continues it’s bullish structure on higher timeframe. Meanwhile the price shifted it’s character on m15. In addition, a break above 1.33795 on m15 then the price would establish dual change of character on m15 and 1.33733 will act as the fresh short term support in m15. Similarly if price closes below 1.33038 in h1 then 1.33699 which could act as fresh higher timeframe resistance in h1. If price closes above 1.34031 in h1 then 1.33142 will act as the fresh higher timeframe support
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.