Charting my Trading Odyssey

This is my Intraday analysis on EURUSD for 5 Dec 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:

1. 4H
   
2. 15m
   

4H Chart Analysis

1.

• Swing Bullish
  
• INT Bearish
  
• Reached EQ
  

2.

• Swing low and last demand for potential buys.
  

3.

• Price created a bearish iBOS which confirmed the Swing High and the Pullback started.
  
• Price tapped into the Discount and we may start the Pullback for the bearish INT Structure.
  
• Price could sweep the Liq. above the CHoCH and continue down. But be mindful that the Swing is Bullish and we could see the Swing bullish continuation at anytime.
  
• There is no high probability demand that price can start the pullback from and the only one available currently at the Swing extreme. Due to that, better to see structure change on LTF before looking for Longs.
  

15m Chart Analysis

1.

• Swing Bearish
  
• Internal Bearish
  

2.

• Swing structure turned bearish creating a BOS. After a BOS we expect a pullback.
  
• INT structure is bearish which means we still in the bearish continuation until we have a Bullish iBOS.
  
• I’ll be waiting for Bullish iBOS to play the 15m Swing pullback or wait for the 4H Bearish iBOS to confirm the 4H Swing Pullback started to play Shorts.
  

Link to Tradingview Post: https://www.tradingview.com/chart/EURUSD/TODzU8nL-EURUSD-5-Dec-2023-Intraday-Analysis/