EURUSD 18 Oct 2023 Intraday Analysis

18 oct. 2023This is my Intraday analysis on EURUSD for 18 Oct 2023 based on Smart Money Concept (SMC) which includes the following Time Frames:

1. 4H
   
2. 15m
   

4H Analysis

https://www.tradingview.com/x/UdTFXW7r/

1.

• Bullish Swing
  
• Bearish INT
  

2.

• As expected, price made a CHoCH and confirmed INT Low. we are now in bearish continuation of the INT structure and price maybe targeting the INT Low.
  
• We are at Swing Discount, Most probably that swing pullback will end and we can see Demand is holding which is a good sign that the swing pullback may have ended and we are targeting the Weak Swing High
  

3.

• Price made a Bullish Swing BOS and we expecting after a break of structure a Swing pullback
  
• As price turned bearish, and reached EQ, our expectations now that Demand zones in Discount will provide a good opportunity for longs
  

4.

• Daily and 4H Supply zone that current price action is targeting and could provide reaction for shorts opportunity using Entry Model with LTF confirmation
  

5.

• Price could be targeting the Liq. below the 4H previous INT Low above the 4H extreme demand zone for longs
  

15m Analysis
https://www.tradingview.com/x/k65jyxWs/

1.

• Swing Bullish
  
• Internal Bullish
  

2.

• After the 15m BOS, we are expecting a Swing pullback which already confirmed by the Bearish iBOS.
  
• INT structure turned Bullish to confirm that the 15m Swing pullback is over and we will be targeting the Weak Swing High.
  

3.

• Internal to Internal turned bearish to facilitate the Internal Structure Pullback.
  
• Demand Zones now will provide opportunities to continue the INT and Swing Bullish continuation.
  

4.

• The bullish INT structure is clear but i'm having the concern that the current INT Bullish structure is not showing that solid volatile trending which is corrective in it's behavior.
  
• But following the OF, we still solidly bullish until we get demand failing and structure turns bearish.