Analysis/expectation remains the same as yesterday (15/02/2024)
-> Swing: Bullish. -> Internal Bearish. -> Has reached EQ.
Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated.
Expectation is for price to continue bullish and react at H4 POI or 50% EQ.
H4 Chart:
M15 Analysis:
-> Swing: Bullish. -> Internal: Bullish. -> Has reached EQ.
Price has printed a bullish iBOS indicating H4 bullish pullback has initiated.
Current intraday expectation remains the same as yesterday (15/02/2024) for price to continue bullish and react at nested H4 and M15 POI's.