M15 & H1 Intraday Key Levels|Bullish Bias
Market Structure: Bullish
Intraday Sentiment: Buy On Dips
Session Focus: London|Nyc
London Market Overview
Although the market continues it’s bullish structure while making higher high and higher low on m15 and h1 time frame. Meanwhile the buyers are dominant in the price while defending the last support at 156.856 on m15 time frame.
Support Zones
M15 Support Zone
156.856 – 156.802
Fresh Demand Area
Likely Demand Reaction Area
H1 Support Zone
156.219 – 156.170
Anticipated Demand Area
Higher Timeframe Support Base
Resistance Zones
M15 Resistance Zone\H1 Resistance Zone
Although the price continues the bullish momentum. In addition the price hasn’t established any near by resistance which can push down the price. Meanwhile the major resistance is at 158.056 on h4 time frame.
Session Strategy
Buyers are dominating in the market, while defending the short term support base at 156.856, meanwhile seller’s are active at 158.056. Until that upside momentum continues.
Nyc Session Outlook
The bullish momentum continues in nyc too. In addition during the mid london session the price establish the new support zones on m15 and h1 time frame. Meanwhile the seller’s are defending the area at h4 158.056. Furthermore downside momentum remains intact, as long as the price holds the last resistance.
Key Support and Resistance Zones
M15 Support: 157.154 – 157.117
H1 Support: 157.154 – 157.117
H4 Resistance: 158.056
Session Strategy
The price continues upside momentum followed by the london. The buyer’s are dominant in the market while defending last support at 157.154. If price close below the 157.154 in h1 then it would be the character shift in m15 and h1 both until that upside continues.
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.