This is my Intraday analysis on EURUSD for 28 Mar 2024 W13 based on Smart Money Concept (SMC) which includes the following Time Frames:
- 4H
- 15m
- Swing Bearish / Continuation
- INT Bearish / Pullback Phase
3.
- Finally with the Bearish iBOS we confirm the Swing Pullback is over and currently we align with the Bearish Swing targeting the Weak Swing Low.
- After iBOS we expect a pullback. Bullish CHoCH will be the first sign of the the INT Structure Pullback.
- Price had mitigated the 4H Demand for possible start of the Bullish Pullback of INT Structure.
- More development on LTF required to confirm the Bullish Pullback Phase.
3.
- 4H and Daily Demand Zones for possible reactions only once reached.
- Swing Bearish
- Internal Bearish
2.
- After the Bearish BOS we expect a Pullback.
- Price reached the 4H demand and the nested 15m Demand which is mitigated after the bullish CHoCH initiating the 15m INT Structure Pullback.
- Expectations is set for price to initiate the 15m Swing Pullback Phase with a Bullish iBOS. But be mindful that price could continue bearish targeting 4H Weak Swing Low.
3.
- 15m/4H Supply zones for possible short options once reached.
Link to Tradingview Post: https://www.tradingview.com/chart/EURUSD/8vWe5Ezr-EURUSD-28-Mar-2024-W13-Intraday-Analysis-US-GDP-Jobless/
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