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 may extend its bullish structure. As a result, price trades above the last support at 1.32120. On the other hand, the, m15 time frame confirmed the character shift towards the bearish side, as the price closes below the 1.32330 on m15 time frame. As a result, price set up the fresh resistance at 1.32535 on m15. In addition, if price looses 1.32120 on h1, then the price may validate the character shift towards the bearish side. As a result, price would confirm the fresh resistance at 1.32329 on h1
Support Zones
M15 Support Zone
1.32070 – 1.32049
Pending Demand Zone
Short Term Intraday Support Base
H1 Support Zone
1.31121 – 1.31096
Pending Demand Zone
Higher Time Frame Support Region
Resistance Zones
M15 Resistance Zone
1.32535 – 1.32592
Fresh Supply zone
Short Term Intraday Resistance Area
H1 Resistance Zone
1.34288 – 1.34364
Pending Supply Zone
Higher Time Frame Resistance Region
Session Strategy
Although the price may carry on the bullish momentum on h1 time frame, while holding the last support at 1.32120 on h1. Therefore, a decisive close below 1.32120 on h1 time frame. As a result, price would confirm the change of character, while establishing the fresh resistance at 1.32329 – 1.32347 on h1. On the other hand, reclaiming the 1.32445 on m15, the price would validate the character shift towards the bullish side. As a result, price may set up fresh support at 1.32217 – 1.32183 on m15. Until 1.32120 remains intact on h1, the upside momentum may continue.
Nyc Session Update
Although price may carry on bullish momentum on h1 time frame, until 1.32120 remains intact n h1 time frame. Meanwhile the m15 time frame confirmed the change of character towards the bullish side, as the price closes above 1.32592 on m15. As a result, price established the fresh support at 1.32315 on m15.
Key Support & Resistance Zone
Support Zones
M15 Support Zone
1.32315 – 1.32271
Fresh Demand Zone
Short Term Intraday Support Base
H1 Support Zone
1.31121 – 1.31096
Pending Demand Zone
Higher Time Frame Support Region
Resistance Zones
M15 Resistance Zone
1.33126 – 1.33202
Pending Supply zone
Short Term Intraday Resistance Area
H1 Resistance Zone
1.34288 – 1.34364
Pending Supply Zone
Higher Time Frame Resistance Region
Session Strategy
Although the price may continue to trade in bullish momentum. As a result, the buyers are defending the support area at 1.32120 on h1 time frame. Meanwhile, a close below 1.32120 on h1 time frame. As a result, price may confirm the character shift, while establishing the fresh supply at 1.32329 – 1.32347 on h1. In addition, a decisive close below 1.32271 on m15, the price may expose the change of character towards the bearish side. As a result, price may form the fresh resistance at 1.32464 – 1.32485 on m15 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.