Jan 4th 2023 - Daily Chart Analysis
1. The Daily swing range is from 1 & 2
(See Blue 1 & 2 for reference)
My prediction will move from 1 than to 2 but that is in a long term horizon
2. Current price action is between the D-Ibos high weak & the 4h-Swing High Weak.
3. Price has mitigated the equilibrium of the daily swing range
4. The trades off the supply and demand zones are lower probability tend to be lower probability
5. Price entered the daily phase B (see blue 3 for reference) and had a reaction causing a push down back to the EQ of the daily low strong (See 4 for reference)
6. Price is currently in the daily C.4 demand zone.
A. Price is bearish on the daily and 4h in between the daily high weak and daily low strong. If price switches to bullish by breaking the daily internal break of structure than I will look for longs off demand zone generated from the break.
B. If price breaks the daily low strong (blue 4 for reference) than I will switch to bearish set-ups (A.1)
1. The Daily swing range is from 1 & 2
(See Blue 1 & 2 for reference)
My prediction will move from 1 than to 2 but that is in a long term horizon
2. Current price action is between the D-Ibos high weak & the 4h-Swing High Weak.
3. Price has mitigated the equilibrium of the daily swing range
4. The trades off the supply and demand zones are lower probability tend to be lower probability
5. Price entered the daily phase B (see blue 3 for reference) and had a reaction causing a push down back to the EQ of the daily low strong (See 4 for reference)
6. Price is currently in the daily C.4 demand zone.
A. Price is bearish on the daily and 4h in between the daily high weak and daily low strong. If price switches to bullish by breaking the daily internal break of structure than I will look for longs off demand zone generated from the break.
B. If price breaks the daily low strong (blue 4 for reference) than I will switch to bearish set-ups (A.1)