Swiss_Traders

SMC - Swing Structure / Supply & Demand / Liquidation

FX:EURUSD   Euro / U.S. Dollar
Monthly
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Status: Bearish
We are on the extreme of the leg.

Weekly
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Status: Bearish
We are heading to the extreme and if the weekly really wants us to show some bullish strength then it wont make a new low.
But for now all we can do is wait and see... still bearish intent for me.

Daily
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Status: Bearish
We closed with a new low of the pullback, a new sign of ending the pullback.
We are also reaching a the weak low, lets see how weak it really is.
If this holds, we can assume that the pullback didnt stop and we could swap to bullish..

4h
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Status: Bearish
Last friday we didnt see really a strenght, but now i see it clearly as bearish intent.
Not sure where we gonna stop, we are heading to a weak low on all kinds of TF's.

15m
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Status: Bearish
swing structure changed to bearish with that move.
it left behind alot of unmitigated stuff, so just be aware of this.
hopefully we can get something out of this move for us :)


Cheerious,
Flutschi

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