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EURUSD: Will the Trend Continue?! 🤯

OANDA:EURUSD   Euro / U.S. Dollar

**Daily Analysis:**
- The daily swing is bearish, indicating a downward trend.
- The bearish Choch aligns with the swing trend, suggesting a continuation of the bearish movement.
- There is a possibility that this bearish Choch could be a sweep of liquidity, followed by the potential for another internal higher high.

**4H Analysis:**
- The 4H swing is bullish, signaling an upward trend.
- After a bullish Choch, the price retraced and swept the External Range Liquidity (ERL) before pushing back up.
- The demand chain is still holding, emphasizing the strength of demand.
- Caution is advised to watch for failures in breaking the highs.

**15M Analysis:**
- Price action on the 15-minute chart is not very clean.
- It could be perceived as a failure to break the lows, but it broke the demand.
- Depending on risk tolerance, a risk entry could be considered, but a confirmation entry at the supply is recommended.

In summary, the daily and 4H charts present a complex scenario with conflicting trends. The 15-minute chart introduces some uncertainty in price action. Monitoring for confirmation signals, being cautious with risk entries, and observing behavior around supply levels are crucial elements for a comprehensive analysis.

D | 4H | 15M |

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