,

EURUSD 25 Oct 2023 Intraday Analysis

This is my Intraday analysis on EURUSD for 25 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:

  1. 4H
  2. 15m

4H Chart Analysis



1.

  • Bullish Swing
  • Bullish INT

2.

  • Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback and a CHoCH is the first sign that the Swing pullback maybe starting.
  • as expected yesterday, we reached the 4H demand zone and we are expecting the bullish continuation.
  • The current 4H demand could be IDM after the Swing BOS but if we have LTF entry model i’d say it worth a shot.

3.

  • Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation.
  • But me mindful that no confirmation for bullish move weakness and there is Liquidity above this supply zone price is targeting.

15m Chart Analysis


1.

  • Swing Bullish
  • Internal Bullish

2.

  • After the 15m BOS, we are expecting a Swing pullback, with a bearish iBOS we confirmed the Swing High and the Swing pullback started.
  • We reached EQ and 4H demand for high probability bullish continuation. This will be confirmed once we have bullish iBOS.

Link to Tradingview Post: https://www.tradingview.com/chart/EURUSD/00HlBuBh-EURUSD-25-Oct-2023-Intraday-Analysis/

I’m Amr

Passionate about the art of trading, I embark on a journey documenting experiences, insights, and growth, where every entry is a step in my journey. Step into my world where dedication meets strategy.

Let’s connect

December 2024
S M T W T F S
1234567
891011121314
15161718192021
22232425262728
293031  

ADP AUDUSD BTC Consumer Confidence CPI CPI Revisions Durable Goods DXY ECB ECB Meeting Minutes education EUR EURUSD FOMC GBPUSD GDP GOLD Home Sales Housing HTF IFO Industrial Production Interest Rate Intraday Jobless Claims Liquidity LTF Markups NASDAQ NFP PCE PMI Powell PPI Retail Sales Safe Haven Smart Money Concept SMC Structure Trade Balance USD USDJPY Weekly XAUUSD ZEW