H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price had printed a swing BOS and subsequently a bullish iBOS.
Swing range confirmed.
Price has now printed a bearish iBOS to confirm swing pullback has initiated and is underway.
Scenario 2 played out from previous analysis whereby it was mentioned price could target internal low as all HTF's are requiring a pullback.
Intraday expectation is for price to continue bullish, react at either 50% EQ or H4 POI before targeting weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a further bearish iBOS which confirms comments made on 12 March 2024 that it would be useful to remember that all HTF's are requiring a pullback.
Pullback following bearish is underway .
Intraday expectation is for price to react at M15 POI, or 50% EQ before targeting weak internal low.
M15 Chart:
-> Swing: Bullish.
-> Internal: Bearish.
Price had printed a swing BOS and subsequently a bullish iBOS.
Swing range confirmed.
Price has now printed a bearish iBOS to confirm swing pullback has initiated and is underway.
Scenario 2 played out from previous analysis whereby it was mentioned price could target internal low as all HTF's are requiring a pullback.
Intraday expectation is for price to continue bullish, react at either 50% EQ or H4 POI before targeting weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
Price has now printed a further bearish iBOS which confirms comments made on 12 March 2024 that it would be useful to remember that all HTF's are requiring a pullback.
Pullback following bearish is underway .
Intraday expectation is for price to react at M15 POI, or 50% EQ before targeting weak internal low.
M15 Chart: